A Production Line Is to Be Designed for a Job

question 101

Multiple Choice

A production line is to be designed for a job with three tasks. The task times are 0.4 minutes, 1.2 minutes, and 0.5 minutes. The maximum cycle time in minutes is

• A)0.4.
• B)0.5.
• C)1.2.
• D)2.1.
• E)0.7.

---

Definitions:

Perfectly Inelastic

A situation in demand where the quantity demanded does not change in response to a change in price.

Insulin

A hormone produced by the pancreas that regulates blood glucose levels by facilitating the uptake of glucose into tissues, used medically to treat diabetes.

Quantity Demanded

The total amount of a good or service that consumers are willing to buy at a given price level in a given period.

Perfectly Inelastic

Describing a situation where the quantity demanded or supplied of a good does not change in response to a price change.