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Assume That an Assembly Line Has Three Tasks That Must

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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?

Use Microsoft Excel 2010 for statistical calculations including mean, standard deviation, and mode.
Understand the distribution and representation of data in frequency distributions, histograms, and scatter plots.
Apply Chebyshev's theorem to understand the spread of data.
Distinguish between types of statistical data (e.g., continuous vs. categorical, sample vs. population data).

Definitions:

Capital-Intensive Products

Products that require a high amount of capital investment in machinery and equipment relative to labor input in their production process.

Capital Resources

Assets such as machinery, tools, and buildings that are used in the production of other goods and services.

Resource Availability

The extent to which inputs required for production, such as raw materials, labor, and capital, are readily obtainable in the economy or market.

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