Assume That an Assembly Line Has Three Tasks That Must

question 128

Multiple Choice

Assume that an assembly line has three tasks that must be completed (in order, A, B, C, and D) . The tasks have processing times of 8, 12, 9, and 10 minutes per unit, respectively. If the assembly line operates for 500 minutes per day with a desired output of 50 units per day, what is minimum number of workstations?

• A) 4
• B) 3
• C) 2
• D) Cannot be determined from the information given

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Definitions:

Market Share

The portion of a market controlled by a particular company or product, often expressed as a percentage of total sales in that market.

Forward Buying

The practice of purchasing goods in advance of need, often in larger quantities, to take advantage of favorable pricing, secure inventory, or hedge against future price increases.

Market Growth

An increase in the demand for a particular product or service over time, often measured by changes in sales and market share.

Stealing Share

A competitive strategy aimed at gaining market share from competitors by attracting their customers, rather than expanding the overall market.