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An Assembly Line with 30 Activities Is to Be Balanced

question 5

Multiple Choice

An assembly line with 30 activities is to be balanced. The total amount of time required for all 30 activities is 45 minutes. The line will operate for 420 minutes per day. Which of the following must be the cycle time to achieve an output rate of 300 units/day

Recognize the importance of HR professionals understanding economic and financial aspects of their organization.
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Definitions:

Monthly Payment

Monthly payment is the amount of money paid each month on a loan, mortgage, or other debt.

Amortization Schedule

An Amortization Schedule is a table detailing each periodic payment on an amortizing loan, showing amounts paid to principal and interest.

Interest on Unpaid Balance

Interest charged on the portion of a loan or credit card balance that has not been paid off within the agreed period.

Equal Monthly Payments

Regular payments of the same amount made over a set period to repay a loan or mortgage.

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