Salvavidas Incorporated has the following departmental structure for producing its products: 
A consultant designed a cellular manufacturing structure for the same product: 
The times given represent the time required to process one unit of product.
Required:
a.Calculate the time required to produce a batch of 10 units using a batch processing departmental structure.
b.Calculate the time required to produce 10 units using cellular manufacturing.
c.How much manufacturing time will the cellular manufacturing structure save for a batch of 10 units?
Definitions:
Treasury Stock
Treasury Stock refers to shares that were issued and subsequently repurchased by the issuing company, reducing the amount of outstanding stock on the open market.
Authorized Stock
The total number of shares a corporation is legally allowed to issue, as defined in its articles of incorporation.
Treasury Stock
Shares that were issued by a company and later reacquired. These shares do not pay dividends or have voting rights while held by the company.
Authorized Shares
Authorized shares are the maximum number of shares that a corporation is legally permitted to issue, as specified in its corporate charter.
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