For One Product That a Firm Produces,the Manufacturing Cycle Efficiency

question 41

Multiple Choice

For one product that a firm produces,the manufacturing cycle efficiency is 25 percent.If the total production time is 10 hours,what is the total manufacturing time?

• A)2.5 hours
• B)8.0 hours
• C)10.0 hours
• D)40.0 hours

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Definitions:

Miller

Refers to George A. Miller, a cognitive psychologist best known for his theory regarding the limit of short-term memory capacity, often summarized as "seven, plus or minus two" pieces of information.

Memory Capacity

Memory capacity refers to the amount of information that can be stored in the memory system at any given time.

Sensory Register

The component of memory that holds incoming sensory information for a very short period of time, almost like a snapshot.

Duration

The length of time that something continues or exists.