A Product Requires the Following Tasks to Make It on an Assembly

question 12

Essay

A product requires the following tasks to make it on an assembly line. Assume 7.6 hours per workday and 5 workdays per week. $\begin{array}{crc}\text { Task } & \text { Time (n minutes) } & \text { Predecessor(s) } \\\text { A } & 10 & \text { none } \\\text { B } & 14 & \text { A } \\\text { C } & 12 & \text { none } \\\text { D } & 8 & \text { none } \\\text { E } & 11 & \text { C } \\\text { F } & 17 & \text { C, D } \\\text { G } & 20 & \text { B } \\\text { H } & 9 & \text { E } \\\text { I } & 13 & \text { D } \\\text { J } & 15 & \text { G, H } \\\text { K } & 17 & \text { H, I } \\\text { L } & 8 & \text { J } \\\text { M } & 10 & \text { I } \\\text { N } & 15 & \text { K, L, M }\end{array}$
a.Using only the information given, what would be the maximum output per day that can be achieved?
b.Assume that the activities have been assigned to five workstations. What is the line efficiency for a cycle time of 40 seconds?

Understand the economic implications of labor market discrimination.

Recognize the factors that can lead to wage differentials in a competitive labor market.

Identify scenarios where discrimination might persist despite competitive market pressures.

Understand how consumer preferences can influence market outcomes related to discrimination.

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Definitions:

Elastic

Describes a situation where the quantity demanded or supplied of a product changes significantly in response to a change in price.

Illinois Central Railroad

A historic American railroad that operated in the central United States, particularly known for its role in the development of the railway network from the Great Lakes to the Gulf of Mexico.

Demand

The quantity of a good or service that consumers are willing and able to purchase at various prices during a given period.

Elastic

A characteristic of demand or supply where a change in price leads to a significant change in the quantity demanded or supplied.