A Production Line Is to Be Designed for a Product

question 254

Multiple Choice

A production line is to be designed for a product whose completion requires 21 minutes of work. The factory works 400 minutes per day. Can an assembly line with five workstations make 100 units per day?

• A) yes, with exactly 100 minutes to spare
• B) no, but four workstations would be sufficient
• C) no, it will fall short even with a perfectly balanced line
• D) yes, but the line's efficiency is very low
• E) cannot be determined from the information given

Comprehend the importance and components of a compensation budget.

Recognize the importance of evaluating employee attitudes towards new compensation systems.

Evaluate the effectiveness of compensation systems through various metrics.

Understand the advantages and disadvantages of outsourcing HR functions, including compensation.

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Definitions:

Package

A bundled set of items, services, or offerings combined as a single unit.

Price

The amount of money expected, required, or given in payment for something.

Retail Clerk

A retail clerk is an employee working within a retail setting, responsible for assisting customers, processing transactions, and organizing merchandise.

Part-Time

Part-Time describes employment with fewer hours per week than a full-time job, often offering limited benefits and flexibility.