Assembly Line Balancing Is the Technique of Assigning Work to Individual

question 49

True/False

Assembly line balancing is the technique of assigning work to individual stations so that the variability across all stations in an assembly line is maximized.

---

Definitions:

Demand Curve

A graphical representation showing the relationship between the price of a good and the quantity of that good that consumers are willing to purchase at various prices.

Price Elasticity

The degree to which demand for an item is affected by fluctuations in its cost.

Demand

The willingness and ability of consumers to purchase goods or services at various price levels.

Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, with elasticity greater than one indicating a responsive market.