A Company Hopes to Achieve a Daily Output of 200

question 86

Multiple Choice

A company hopes to achieve a daily output of 200 units during 6 hours of production time.Assuming there is no lost time during the 6 hours of production,the desired cycle time to achieve the targeted level of output is

• A)3.0 minutes
• B)1.8 minutes
• C)1.5 minutes
• D)0.03 minutes

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Definitions:

Deposit Account

A bank account that allows the holder to deposit and withdraw money, including savings accounts, checking accounts, and money market accounts.

Control

The power or authority to manage, direct, or influence something or someone.

Possession

The condition or reality of being the owner or holder of an item, in either a physical or legal capacity.

Collateral

An asset that a borrower offers a lender to secure a loan. If the borrower fails to repay the loan, the lender may seize the collateral.