A Company Needs to Rebalance a Product Layout for Producing

question 137

Multiple Choice

A company needs to rebalance a product layout for producing new plastic license plates. They plan to use the assembly line 6 hours in order to meet projected demand of 2,160 license plates each day. The following table describes the tasks involved in the production of this product:

Without regard to projected demand, what is the minimum possible cycle time for this assembly line?

• A)0 seconds
• B)3 seconds
• C)9 seconds
• D)10 seconds
• E)28 seconds

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Definitions:

Dividends in Arrears

These are dividends on cumulative preferred stock that have not been paid in the period they were due, accumulating until they are paid out.

Preferred Shares

Preferred shares are a type of stock that provides a fixed dividend, taking precedence over common stock in the distribution of dividends and assets upon the company's liquidation.

Redemption Value

The value at which a bond or other debt security can be redeemed before its maturity by the issuer.

Stockholders' Equity

The owners' residual interest in a corporation, calculated as the difference between the company's total assets and total liabilities.