Using the Information Below, Compute the Manufacturing Cycle Time

question 93

Multiple Choice

Using the information below, compute the manufacturing cycle time:

• A) 7.5 hours.
• B) 6.5 hours.
• C) 8.0 hours.
• D) 80.0 hours.
• E) 7.1 hours.

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Definitions:

Minimizing Costs

A strategy or process aimed at reducing expenses in production or operations to increase profitability.

Substitute Resources

Productive inputs that can be used instead of other inputs in the production process; resources for which an increase in the price of one leads to an increase in the demand for the other.

Capital Goods

Long-lasting goods that are used in the production of other goods or services.

Bank Tellers

Individuals employed by banks to assist customers with routine transactions like withdrawing or depositing money, among other services.