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Consider the assembly line below. The three fabrication operations run in parallel, such that each batch of 20 units only needs to go through one of the three fabrication operations. After that, each batch needs to go through both assembly operations, which occur simultaneously (specifically, 10 components are made for each unit in the fabrication stage-some components are then assembled in the Assembly 1 area while others are assembled in the Assembly 2 area) . The units are packaged and made ready for shipment in the final stage. What is the bottleneck time per batch of this operation?
Bargaining Position
The relative power or advantage one party holds during negotiations, affecting their capacity to influence the terms.
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The practice of substituting current employees with new hires or automation technology.
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The process or strategy of obtaining excess resources, typically beyond the equilibrium or expected level, from a market or economy.
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The perceived value or worth that a buyer assigns to a product or service, determining how much they are willing to pay.
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