Examlex
Use the information below to answer the following question(s) .
A production line operates for 450 minutes per day.Desired production volume is 80 units per day.Total task time to make the product is 56 minutes.
-What is the optimal cycle time?
Technological Advance
The discovery of new technologies or the improvement of existing ones, significantly altering the way goods or services are produced.
Digital Video Recorders
Electronic devices that record video in a digital format to a disk drive, USB flash drive, SD memory card, or other local or networked mass storage device.
Price
The financial value anticipated, demanded, or provided as compensation for something.
Wage Rate
The amount of compensation an employee receives per hour of work.
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