Four products (1,2,3,and 4) must be processed on one of four machines (A,B,C,and D) .The times required in minutes for each product on each machine are shown below.
If management wishes to assign products to machines so that the total time to complete all the products is minimized,then Product 4 is assigned to
Definitions:
Stockholders' Equity
Represents the residual interest in the assets of a corporation after deducting its liabilities.
Return on Investment
A profitability metric that measures the gain or loss generated on an investment relative to the amount of money invested.
Operating Assets
Assets required for a company to conduct its daily business operations, including both current and long-term assets.
Margin
The difference between the sales price of a good or service and its cost, expressed as a percentage of the sales price.
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