In an Assembly Operation at a Furniture Factory, Six Employees

question 49

Multiple Choice

In an assembly operation at a furniture factory, six employees assembled an average of 450 custom chairs per 5-day week. What is the labor productivity of this operation?

• A) 90 chairs per worker per day
• B) 20 chairs per worker per day
• C) 15 chairs per worker per day
• D) 75 chairs per worker per day

Apply horizontal and vertical analyses to evaluate a company's financial condition and performance over time.

Recognize the importance of market prospect ratios in evaluating a company's future growth and shareholder value.

Understand financial analysis standards for benchmarking that include industry norms, historical data, and leading indicators.

Identify and understand key financial ratios used in business analysis.

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Definitions:

Serviced

The act of performing maintenance or repair work on a vehicle or machinery to ensure it operates correctly.

Trailer Component

A part or element used in the construction or assembly of a trailer, such as axles, brakes, or lighting systems.

Tractor Chassis

The main structural frame of a tractor, to which all other components and systems are attached or supported.

Kingpin

(1) The linkage pin used in a steering knuckle that permits the assembly to pivot, or the tempered steel, coupling pin mounted on a trailer upper coupler that engages with fifth wheel jaws; (2) The lugged pin built into a trailer upper coupler assembly that engages to jaws in a fifth wheel assembly, permitting articulation at the fifth wheel. Forged from middle alloy steels and tempered. In North America, a kingpin is usually welded into the upper coupler; elsewhere, it is more often bolted.