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Use this scenario for the following question(s) .
The process design team at a manufacturer has broken an assembly process into eight basic steps, each with a required time, and predecessor as shown in the table. There are 7.5 productive hours available in a day and the manufacturer wishes to produce 400 units. Balance the line by assigning tasks to workstations to fill up as much takt time as possible. Break ties by assigning the longest task first.
-Refer to the scenario above. The process engineer calculates the takt time and examines the task times indicated in the table. He decides to use the minimum cycle time instead and have the workers leave early each day once they have built 400 units. How much earlier would the workers leave?
Diversified Investor
An investor who spreads investments across various asset classes to reduce risk.
Systematic Risk
The risk inherent to the entire market or market segment, also known as "market risk," which cannot be eliminated through diversification.
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Short-term government securities issued at a discount from their face value, with maturities typically less than a year.
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