A Production Line Is to Be Designed for a Product

question 254

Multiple Choice

A production line is to be designed for a product whose completion requires 21 minutes of work. The factory works 400 minutes per day. Can an assembly line with five workstations make 100 units per day?

• A) yes, with exactly 100 minutes to spare
• B) no, but four workstations would be sufficient
• C) no, it will fall short even with a perfectly balanced line
• D) yes, but the line's efficiency is very low
• E) cannot be determined from the information given

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Definitions:

Nominal Interest Rate

The stated rate of interest on a loan or financial investment, not adjusted for inflation.

Real Rate Of Interest

The rate of interest an investor expects to receive after allowing for inflation.

Unemployment Rate

The percentage of the labor force that is jobless and actively seeking employment, indicating the health of an economy.

Labor Force

The aggregate sum of individuals working or in pursuit of work within a nation or area.