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Christmas Express makes wreaths in batch sizes of 12.The cutting & assembly process takes 8 minutes per wreath and the decorating process time is 10 minutes per wreath.It takes 12 minutes to move the wreaths from the cutting & assembly process to the decorating process.
(a)Compute the value-added,non-value-added,and the total lead time of the wreath process.
(b)Compute the value-added ratio.Round to the nearest decimal.
Filtering Process
A method used to separate solid particles from a liquid or gas by passing it through a filter medium that allows only the fluid to pass through.
Water Softener
A device or system used to remove minerals that cause hardness in water, typically involving the exchange of calcium and magnesium ions with sodium or potassium ions.
Standard Deviation
A measure of the amount of variation or dispersion of a set of values, used in statistics to quantify the spread of a data set.
Significance Level
The probability of rejecting the null hypothesis in a statistical test when it is actually true; a threshold used to determine the critical value at which the observed data is considered statistically significant.
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