What Is the Takt Time in Minutes, If 500 Units

question 18

Multiple Choice

What is the takt time in minutes, if 500 units are needed per day? The company works 2, 8-hour shifts per day.

• A)0.5 minutes
• B)62.5 minutes
• C)31.3 minutes
• D)1.9 minutes

---

Definitions:

Fundamental Analysis

Assessment of firm value that focuses on earnings and dividends prospects, expectations for future interest rates, and risk evaluation.

Earnings

The amount of money that a company makes during a specific period, usually defined as profit after all expenses have been subtracted from revenue.

Dividends

Payments made by a corporation to its shareholder members, typically a portion of the earnings decided by the board of directors.

Asset Turnover Ratio

A financial metric that measures the efficiency of a company in generating sales revenue from its assets.