The Following Information Relates to Lancashire Manufacturing: to Produce a Unit

question 138

Multiple Choice

The following information relates to Lancashire Manufacturing: To produce a unit of product: Mixing dep artment $\quad 3$ minutes per unit
Mol ding department $\quad 5$ minutes per unit
Casting department $\quad 7$ minutes per unit
Finishing department $\quad 4$ minutes per unit There is a wait time of 8 minutes before the mixing department begins a batch, 5 minutes between the mixing and molding departments, a move and pre-wait between molding and casting of 10 minutes, and a move and pre-wait between the casting and finishing departments of 12 minutes.
How long does it take to produce a batch of 20 units under a traditional manufacturing approach?

• A)380 minutes
• B)415 minutes
• C)35 minutes
• D)none of the above

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Definitions:

Ranking Conflicts

Disputes arising from the prioritization or ordering of different interests, claims, or benefits.

Mutually Exclusive

A term used to describe situations, events, or decisions where the occurrence of one precludes the occurrence of the others.

Independent

A term describing events that are not affected by other events, or variables with no association or influence on each other.

Net Present Value

A calculation that compares the value of all cash inflows and outflows of a project or investment using a specified discount rate.