Consider a Production Line That Has a Station with Two

question 90

Multiple Choice

Consider a production line that has a station with two machines, and each unit produced at the station needs to be processed by both of the machines. (A unit cannot be worked on by both machines simultaneously.) Each machine has a production capacity of 4 units per hour. What is the lowest possible cycle time of the station?

• A) 4 minutes per unit
• B) 8 minutes per unit
• C) 7.5 minutes per unit
• D) 30 minutes per unit
• E) 15 minutes per unit

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Definitions:

Product Warranty

A guarantee from the seller to the buyer that a product will perform to a certain standard or will be repaired or replaced during a specified period.

Market Rate

The prevailing interest rate available in the marketplace on deposits, debts, or loans.

Nominal Rate

The Nominal Rate is the interest rate stated on a loan or financial product, not taking into account inflation or other factors that could affect the real value of the interest.

Premium

An amount paid in excess of a standard price or value, often related to insurance policies, bonds above par, or quality products.