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Balance the assembly line using the information below,and the longest work-element time rule.The desired output is 360 units per day.Available production time per day is 480 minutes.What is the efficiency for the balanced assembly line?
Profitability Ratio
Financial metrics that are used to assess a business's ability to generate income relative to its revenue, assets, or equity.
Solvency Ratio
Solvency Ratio indicates a company's ability to meet its long-term debts and obligations, measuring the size of its after-tax income relative to its liabilities.
Current Ratio
A financial ratio indicating how well a company can settle short-term debts using its current assets.
Acid-test Ratio
A financial metric that measures a company's ability to pay off its short-term liabilities with its quick assets including cash, marketable securities, and receivables.
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