An Assembly Line with 28 Activities Is to Be Balanced

question 71

Essay

An assembly line with 28 activities is to be balanced.The total amount of time required for all 28 activities is 39 minutes.The longest activity is 2.2 minutes and the shortest is 0.8 minutes.The line will operate for 450 minutes per day.What is the assembly line efficiency with 11 stations and a product produced every 5 minutes?

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Definitions:

Economically Equivalent

Refers to different financial transactions or investments that have the same economic effect or value, despite differing in structure or form.

Scheduled Payment

A pre-determined amount of money that is paid at regular intervals under the terms of a loan or lease agreement.

Compounded Semi-Annually

Interest on a loan or investment calculated twice a year, adding each interest payment to the principal.

Bond Interest

The interest received by a bondholder, typically paid semi-annually, on the bond's face value.