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A firm is planning to set up an assembly line to assemble 40 units per hour, and 57 minutes per hour are productive. The time to perform each task and the tasks that precede each task are contained in the following table.
(a) Draw a network diagram of precedence relationships.
(b) Compute the required cycle time per unit in minutes.
(c) Compute the theoretical minimum number of workstations required to produce 40 units per hour.
(d) Balance this line using the longest processing time heuristic.
(e) What is the efficiency of the line obtained in part d?
Net Sales
The amount of sales generated by a company after deducting returns, allowances for damaged or missing goods, and discounts.
Average Total Assets
This is a measure used to evaluate a company's asset efficiency by calculating the average total assets over a specific period.
Straight-line Method
An approach to depreciation that distributes the total cost of an asset evenly across its expected lifespan.
Salvage Value
The predicted leftover value of an asset following the end of its usable period.
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