Given the Following Data for Jobs Awaiting Processing at a Manufacturing

question 13

Short Answer

Given the following data for jobs awaiting processing at a manufacturing cell in which jobs are first processed by machine A, then by machine B:
$$\begin{array} { c } \quad\quad\quad{ \text { Process Time (Hours) } } \\\begin{array} { l c c } \text { Job } & \text { Center A } & \text { Center B } \\\hline \mathrm { W } & 4 & 5 \\\mathrm { X } & 6 & 6 \\\mathrm { Y } & 1 & 2 \\\mathrm { Z } & 5 & 2\end{array}\end{array}$$ If these jobs were scheduled in the sequence shown, what would be the idle time at machine B?

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Definitions:

Lease Interest

The interest cost associated with leasing an asset, often a charge in addition to the lease payments.

General Annuity

An annuity in which the payment interval does not equal the compounding interval.

Annuity Due

An annuity in which the periodic payments occur at the beginning of each payment interval.

Compounded Monthly

Definition: The process where interest is calculated and added to the principal amount of the deposit or loan every month.