The Maker of the World-Famous Chocolate Chip Cookies Needs to Design

question 66

Multiple Choice

The maker of the world-famous Chocolate Chip Cookies needs to design a product layout for a new product, Mint Chocolate Chip. The company plans to use this new production line 8 hours a day in order to meet projected demand of 1,440 cases per day. The following table describes the tasks involved in the production of a case of Mint Chocolate Chip Cookies.

For output to equal projected demand, what is the theoretical minimum number of workstations needed?

• A)6
• B)4.5
• C)3
• D)2.7

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Definitions:

Investing Activities

Financial actions that involve the purchase or sale of long-term assets and other investments not considered cash equivalents.

Repaying Money

The process of returning borrowed funds to the lender along with any agreed upon interest or fees.

Collecting Cash

The process of receiving cash, usually from customers, as payment for goods or services or as repayment of obligations.

Cash Flows

The total amount of money being transferred into and out of a business, especially affecting its liquidity.