Given the Following Line Balance Data For Eight Hours of Operating Time Per Day and a c

question 115

Short Answer

Given the following line balance data: $$\begin{array} { l c c } \text { Task } & \text { Predecessor } & \text { Time (seconds) } \\\hline \mathrm { t } & \text { none } & 15 \\\mathrm { u } & \mathrm { t } & 14 \\\mathrm { v } & \mathrm { t } & 7 \\\mathrm { w } & \mathrm { u } & 6 \\\mathrm { x } & \mathrm { v } & 8 \\\mathrm { y } & \mathrm { w } , \mathrm { x } & 10 \\\mathrm { z } & \mathrm { y } & 21\end{array}$$ For eight hours of operating time per day and a desired output rate of 960 units per day, what is the efficiency for the balance which uses the minimum number of stations?

---

Definitions:

Utility Function

A mathematical representation of how a consumer derives satisfaction or utility from consuming goods and services.

Substitution Effect

The economic principle that as prices rise (or incomes decrease), consumers will replace more expensive items with cheaper substitutes, holding utility constant.

Income

The amount of money received by an individual or household over a certain period, usually from employment or investments.

Price

The monetary figure anticipated, requisite, or paid as payment for a product.