The Table Depicts an Assembly Line That Has Been Balanced

question 13

Multiple Choice

The table depicts an assembly line that has been balanced with a takt time of 2 minutes.What is the percent idle time of this balance?

• A)5%
• B)10%
• C)15%
• D)Cannot be determined from the information provided.

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Definitions:

Market Interest Rate

The prevailing rate of interest determined by supply and demand in the financial markets that borrowers must pay to lenders.

Banks and Thrifts

Financial institutions that accept deposits from the public and create credit. Thrifts, such as savings and loan associations, primarily focus on residential mortgage lending.

FDIC

The Federal Deposit Insurance Corporation (FDIC) is a United States government agency created in 1933 to insure deposits in banks and thrift institutions for at least $250,000 per depositor, per insured bank, for each account ownership category.

Deposit Insurance

A guarantee provided typically by a government agency to protect depositor's funds up to a certain amount in the event of a bank failure.