Given the Following Data for Jobs Awaiting Processing at a Manufacturing

question 131

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:
$$\begin{array} { c } \quad\quad\quad{ \text { Process Time (Hours) } } \\\begin{array} { l c c } \text { Job } & \text { Center A } & \text { Center B } \\\hline \mathrm { W } & 4 & 5 \\\mathrm { X } & 6 & 6 \\\mathrm { Y } & 1 & 2 \\\mathrm { Z } & 5 & 2\end{array}\end{array}$$ In developing the sequence that will minimize throughput time, where in the schedule sequence should job W be placed?

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Definitions:

Differential Revenue

The variation in income resulting from choosing between two different options or time frames.

Differential Effect

The financial impact of a business decision that results in changes to costs or revenue, compared to maintaining the status quo.

Book Value

The net value of a company's assets as recorded on the balance sheet, calculated as total assets minus intangible assets and liabilities.

Markup Percentage

It is a percentage added to the cost of a product to determine the selling price, reflecting the profit margin the seller aims to achieve.