Use the Process Flow Diagram to Determine Which of These

question 73

Multiple Choice

Use the process flow diagram to determine which of these events has the greatest net benefit.

• A) reducing the flow time at Station A from 8 to 7 minutes
• B) increasing the capacity at Station B to 8 units per hour
• C) increasing the capacity at Station C to 7 units per hour
• D) reducing the flow time at Station D from 9 to 8 minutes

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Definitions:

Efficiency

The ability to accomplish a task or a set of tasks with the minimum expenditure of time and resources.

Equity

Fairness or justice in the way people are treated and decisions are made, often relating to economic policies or distribution of resources.

Capital Flows

The transfer of funds to support trade, investment, or business activities, domestically or across borders.

Short-run Profits

The profit earned by a firm during a period where at least one input is fixed, typically analyzed to understand performance without long-term adjustments.