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If the sum of the task times required to produce a product is 45 minutes and the cycle time for the same product is 10 minutes, the theoretical minimum number of workstations is 5 using the assembly-line balancing procedure.
Allowance for Doubtful Accounts
A contra-asset account used to estimate the portion of a company's accounts receivable that may not be collected.
Accounts Receivable
Money owed to a company by its customers for goods or services delivered or used but not yet paid for.
Allowance for Doubtful Accounts
A contra-asset account used to estimate the portion of receivables that may not be collectible.
Contra Asset
An account on a company's balance sheet that reduces the total amount of an asset, such as accumulated depreciation.
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