If Operators Cost $15 Per Hour in Wages and Fringe

question 64

Multiple Choice

If operators cost $15 per hour in wages and fringe benefits and machine downtime costs $75 per hour in lost production, what is the optimal number of operators for this bank of machines?

• A)1
• B)2
• C)3
• D)4
• E)5

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Definitions:

Participative Decision Making

A decision-making process where all members of a group are involved in identifying problems and developing solutions, enhancing team involvement and commitment.

Total Quality Management

A management approach focused on continuous improvement of all organizational processes, leading to high-quality products and services.

Cultural Diversity

The coexistence of different cultural, ethnic, racial, and social groups within a society, enriching its social fabric.

Racially Dissimilar

Referring to individuals or groups that are different from each other in terms of racial or ethnic background.