An Assembly Line Consists of 21 Tasks Grouped into 5

question 145

Multiple Choice

An assembly line consists of 21 tasks grouped into 5 workstations. The sum of the 21 task times is 85 minutes. The largest assigned cycle time is 20 minutes. The efficiency of this line is

• A) 4.2 percent
• B) 17 percent
• C) 85 percent
• D) 100 percent
• E) none of the above

---

Definitions:

Mutual Fund Industry

The sector of the financial services industry that is involved in managing portfolios of securities, including stocks and bonds, pooled from individual investors.

Sentiment Indicator

A measure or index that shows the overall attitude of investors towards a particular security or the financial market as a whole.

Confidence Index

A measure often used to gauge the sentiment or optimism among investors about the future economic outlook.

Short Interest

The aggregate amount of a specific stock's shares that investors have short sold and are yet to close or cover.