Which of the Following Would Decrease the Price of Packaged

question 348

Multiple Choice

Which of the following would decrease the price of packaged hot dogs?

• A) an increase in the price of hot dog buns, a complement to packaged hot dogs
• B) a decrease in the price of hamburger meat, a substitute for packaged hot dogs
• C) a technological advance that lowers the cost of producing packaged hot dogs
• D) all of the above

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Definitions:

Task Times

The duration required to complete specific tasks or activities in a process.

Output Rate

The quantity of goods or services produced in a given time period, often used as a measure of productivity or efficiency.

Stations Needed

The number of locations or workstations required to complete a process or service, often determined by layout planning to optimize efficiency.

Takt Time

The rate at which a product must be completed in order to meet customer demand, calculated as the available production time divided by the customer's demand rate.