The Maximum Allowable Cycle Time Is Computed as

question 98

Multiple Choice

The maximum allowable cycle time is computed as

• A)daily operating time divided by the desired output.
• B)desired output divided by the daily operating time.
• C)daily operating time divided by the product of the desired output and the sum of job times.
• D)the product of desired output and the sum of job times divided by daily operating time.
• E)1.00 minus station time.

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Definitions:

Creditor

An individual or institution that lends money or extends credit to another entity.

Settle

Completing a financial transaction by exchanging the payment of instruments between parties involved.

Discounting

The process of determining the present value of a payment or a stream of payments that is to be received in the future.

Opposite

In the context of numbers, it refers to the additive inverse of a number, which when added to the original number, results in zero.