A Workstation's Output Is 200 Bottles of Wine Per Hour

question 81

Multiple Choice

A workstation's output is 200 bottles of wine per hour.It takes 45 minutes to receive a withdrawal kanban of corks from the previous workstation.The withdrawal kanban is attached to a container holding 30 corks.The process uses a safety factor of 20 percent.What is the number of withdrawal kanbans needed to support the bottling process?

• A)4
• B)5
• C)6
• D)3

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Definitions:

Barriers to Entry

Obstacles that make it difficult for new competitors to enter a market, such as high startup costs, strict regulations, or established brand loyalty.

Economic Profits

The excess of total revenues over total costs, including both explicit costs and opportunity costs, indicating a return beyond the normal profit level.

Accounting Profits

The net earnings of a company as calculated by subtracting total expenses from total revenues, according to standard accounting practices.

Perfect Competitor

A theoretical market structure where many firms sell homogeneous products, entry and exit from the market are free, and all participants have perfect information.