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An assembly line with 11 tasks is to be balanced. The longest task is 3.2 minutes, the shortest task is 0.4 minutes, and the sum of the task times is 16 minutes. The line will operate for 600 minutes per day.
(a) Determine the minimum and maximum cycle times.
(b) What range of output is theoretically possible for the line?
(c) What is the minimum number of stations needed if the maximum output rate is to be sought?
(d) What cycle time will provide an output rate of 200 units per day?
Investment Turnover
A measure of a company's efficiency in using its assets to generate sales or revenue; the ratio of sales to investment in assets.
Income From Operations
The profit realized from a business's ongoing, core business activities, excluding deductions of interest and taxes.
Invested Assets
Resources or funds committed to investments in securities, real estate, or other vehicles with the expectation of earning returns.
Negotiated Price
The final price agreed upon by both the buyer and the seller after a process of negotiation, which may involve discounts or modifications from the original price.
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