Examlex
If the sum of the task times required to produce a product is 45 minutes and the cycle time for the same product is 10 minutes. Thus, the theoretical minimum number of workstations is 5 using the assembly-line balancing procedure.
Efficiently
Performing or functioning in the best possible manner with the least waste of time and effort, ensuring productivity and effectiveness.
Total Output
The aggregate quantity of goods or services produced by an economy, sector, or firm within a given period.
Specialize
Focus on a specific area of expertise or production to achieve greater efficiency.
Production Possibilities
A curve representing all possible combinations of maximum outputs that could be produced with a fixed amount of resources.
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