The Sum of All Task Times in Producing a Product

question 1

Multiple Choice

The sum of all task times in producing a product is 72 minutes.If the cycle time is 72 minutes,then the number of workstations required is ______.

• A)one
• B)two
• C)three
• D)four

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Definitions:

Indifference Schedule

A table or graph that shows a combination of two goods that give a consumer equal satisfaction and utility, illustrating consumer preferences.

Units of X

A term often used in economics to denote a quantity of a particular good or service being considered.

Data

Information, especially facts or numbers, collected to be examined and considered and used to help decision-making.

Value for Y

This term does not directly correspond to a widely recognized economic concept without additional context. It may be used in specific mathematical or economic models to denote the value of a variable Y.