Consider the System Composed of Four Processes Linked by a Conveyor

question 27

Multiple Choice

Consider the system composed of four processes linked by a conveyor belt. There is no storage between these processes pictured below and market demand of 50 units per hour drives the conveyor belt. Assume that no defective units are made. Which statement is best?

• A)There are about 18 units in the process at any given time.
• B)There is more actual time spent in Process 2 and Process 3 combined than in Process 1 and Process 4 combined.
• C)The flow rate through Process 1 is the highest.
• D)The flow rate through Process 4 is the highest.

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Definitions:

Product Life Cycle

Product life cycle is the series of stages a product or service goes through in the ‘life’ of its marketability.

Defender Strategies

Approaches used by organizations to protect their existing market share by improving efficiency and product quality, while not seeking to aggressively expand.

Prospector Strategies

Business strategies focused on growth and innovation, seeking out new markets, opportunities, and technologies to maintain competitive advantage.

Porter's Generic Strategies

A framework that outlines three strategies businesses can use to achieve competitive advantage: cost leadership, differentiation, and focus.