Examlex
You have just determined the actual number of workstations that will be used on an assembly line to be 6 using the assembly-line balancing procedure.The cycle time of the line is 5 minutes, and the sum of all that tasks required on the line is 25 minutes.Which of the following is the correct value for the resulting line's efficiency?
IFRS
International Financial Reporting Standards are a set of accounting rules and standards for financial statement preparation, recognized globally.
Noncontrolling Interest
A share in the equity of a subsidiary not held by the parent company, reflecting outside ownership's share of the subsidiaries' net assets.
Book Value
The net value of a company's assets minus its liabilities and preferred stock, representing the shareholders' equity portion of balance sheet.
Minority Active Ownership
A scenario where a minority shareholder takes an active role in the management or decision-making processes of a company.
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