The Methods Analysis Chart Which Describes the Portions of a Work

question 99

Multiple Choice

The methods analysis chart which describes the portions of a work cycle during which an operator and equipment are busy or idle is a(n) :

• A) process chart.
• B) worker-machine chart.
• C) gang process chart.
• D) simultaneous motion (simo) chart.
• E) efficiency/time-of-day chart.

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Definitions:

Probability

A measure of the likelihood that a particular event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.

Rollback Technique

A decision analysis procedure used to solve decision trees backwards from the end nodes to the beginning, to find the sequence of decisions that maximizes the expected utility.

Expected Opportunity Loss

The anticipated value of the best foregone opportunity when a particular decision is made.

Gross Profits

Total revenue of a company minus the cost of goods sold, not including other operating expenses.