A company needs to rebalance a product layout for producing new plastic license plates. They plan to use the assembly line six hours in order to meet projected demand of 2,160 license plates each day. The following table describes the tasks involved in the production of this product: 
For output to equal projected demand, what should be the actual cycle time for this assembly line?
Definitions:
Price Elasticity of Demand
Price Elasticity of Demand quantifies how the quantity demanded of a good or service changes in response to a change in its price, highlighting consumer sensitivity to price changes.
Demand Curve
A graph showing the relationship between the price of a good and the quantity of that good consumers are willing and able to purchase at those prices.
Widgets
A generic term for an unspecified, hypothetical product used in economic and business analysis.
Price Elasticity of Demand
A measure of how much the quantity demanded of a good responds to a change in the price of that good, ceteris paribus.
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