A Manufacturing Work Cell Has a Takt Time of 7

question 78

Essay

A manufacturing work cell has a takt time of 7 minutes and is staffed by 10 workers. If the work cell delivers 68 units each day find
A. The total operation time
B. The amount of time worked during the day for all 10 workers combined
C. If the plant is open for only 8 hours per day, can the staff meet demand?

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Definitions:

Factored Receivables Financing

A financial transaction where a business sells its accounts receivable to a third party at a discount in exchange for immediate cash.

Compensating Balance

A minimum balance that must be maintained in a bank account, often required by banks as a condition for granting a loan or extending credit.

Assigned Receivables Financing

A financing method where a company uses its accounts receivable as collateral to receive a loan or advance.

Accounts Receivable Factoring

A financial deal in which a company trades its outstanding invoices to an external entity at a reduced price to get cash instantly.