Given the Following Data for Jobs Awaiting Processing at a Manufacturing

question 124

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:
$$\begin{array} { c } \quad\quad\quad{ \text { Process Time (Hours) } } \\\begin{array} { l c c } \text { Job } & \text { Center A } & \text { Center B } \\\hline \mathrm { W } & 4 & 5 \\\mathrm { X } & 6 & 6 \\\mathrm { Y } & 1 & 2 \\\mathrm { Z } & 5 & 2\end{array}\end{array}$$ What is the throughput time for the optimum schedule?

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Definitions:

Median Voter

The voter positioned at the median of the preference spectrum, whose choices can represent the most typical or moderate viewpoint in the voting population.

Economically Inefficient

A situation where resources are not allocated in a way that maximizes the total benefit to society, often resulting in wasted or misallocated resources.

Voter Failure

A situation where voters are uninformed or make irrational decisions, leading to outcomes not reflecting the true preferences of the majority.

Allocative Efficiency

A state of the economy in which production represents consumer preferences; every good or service is produced up to the point where the last unit provides a utility level equal to the cost of producing it.