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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. What is the theoretical minimum number of stations that will be used if the line is balanced using the appropriate takt time?
Acid-Test Ratio
A liquidity ratio that measures a company's ability to pay off its current liabilities with quick assets.
Company's Liquidity
The ability of a company to meet its short-term financial obligations by quickly converting assets into cash without significant loss.
Gross Margin Ratio
A financial metric that measures a company's financial health by dividing its gross profit by net sales, indicating the percentage of sales revenue remaining after deducting the cost of goods sold.
Profitability
The ability of a business to generate earnings compared to its expenses and other costs incurred during a specific period.
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