Consider a Workstation That Can Process 4 Units Per Minute

question 4

Multiple Choice

Consider a workstation that can process 4 units per minute. It takes 2 hours to receive an order from the previous station. The container size is 10 units. The factory sets safety stock at 20 percent of demand during lead time. How many kanbans are needed for the workstation?

• A) 57.6
• B) 48
• C) 0.96
• D) 9.6
• E) 28.8

Evaluate the role of cooperation, cheating, and first-mover advantage in repeated games.

Distinguish between extensive form and strategic form representations of games.

Understand the application and limitations of backward induction and subgame perfection.

Assess the effects of potential entry and exit strategies in competitive markets.

---

Definitions:

Technical Difficulties

Issues or problems encountered in the use of equipment, systems, or technological features, causing limitations or failures in performance.

Extension

The act of lengthening the time or term of something, such as a deadline or a contract.

Westlaw

An online legal research service and proprietary database for lawyers and legal professionals available in over 60 countries.

Lexis

A comprehensive computerized legal research service that provides users with access to a vast database of legal resources, including statutes, case law, and legal journal articles.