If the Sum of All Task Times Is 100 and the Cycle

question 24

Multiple Choice

If the sum of all task times is 100 and the cycle time is 10,then ______.

• A)the number of workstations is 10
• B)the number of workstations is 1,000
• C)the balance efficiency is .88
• D)the idle time is 3

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Definitions:

Future Value

The value of an investment or sum at a specific future date, accounting for factors like interest rates or dividends.

Relevant Interest Rate

The appropriate rate used for discounting future cash flows or evaluating investment opportunities, reflecting the cost of capital.

Opportunity Cost

The cost of forfeiting the next best alternative when making a decision or investment.

Next Best Use

An economic concept referring to the most profitable or valuable alternative use of a resource if it is not used in its current manner.