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

question 118

Multiple Choice

The following information relates to Cranmore Manufacturing: To produce a unit of product: $\begin{array}{ll}\text { Cutting department } & 5 \text { minutes per unit } \\\text { Wel ding department } & 8 \text { minutes per unit } \\\text { Polishing department } & 3 \text { minutes per unit } \\\text { Finishing department } & 4 \text { minutes per unit }\end{array}$ There is a wait time of 5 minutes before the cutting department begins a batch, 15 minutes between the cutting and welding departments, a move and pre-wait between welding and polishing of 12 minutes, and a move and pre-wait between the polishing and finishing departments of 8 minutes.
What is the cycle time of operation?

• A)60 minutes
• B)20 minutes
• C)35 minutes
• D)16 minutes

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Definitions:

Industry Restructuring

The process of fundamentally changing the organization and operations of an industry to increase its efficiency or to adapt to new market conditions.

U.S. Steel Case

A landmark antitrust case involving the United States Steel Corporation, which examined the company's monopolistic practices and its impact on competition.

Sherman Act

A landmark federal statute in the field of United States antitrust law aimed at preserving competitive markets by prohibiting monopolistic practices.

Restraints of Trade

Practices or agreements that limit competition or control prices within a market.