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You have just determined the actual number of workstations that will be used on an assembly line to be 6 using the assembly-line balancing procedure. The cycle time of the line is 5 minutes, and the sum of all that tasks required on the line is 25 minutes. Which of the following is the correct value for the resulting line's efficiency?
Financial Resources
Monetary assets that are available and can be used to facilitate transactions or investments by individuals or organizations.
Focused Strategy
A business approach that targets a particular market niche or demographic with tailored products or services.
Customer Niche
A focused, targetable portion of a market by which specific products or services are marketed to meet the unique demands of its audience.
Broader Market
Refers to a wide and diverse range of buyers and sellers in an extensive market beyond niche or specific industry segments.
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