A Firm Operates a Flow Shop Building Kitchen Cabinetry for Recreational

question 51

Essay

A firm operates a flow shop building kitchen cabinetry for recreational vehicles.The major activities of this process are listed below.
a.Draw the appropriate network for this project.
b.What would the cycle time be if the goal is to produce 20 units per month (the plant operates
160 hours per month)?
c.What is the theoretical minimum number of workstations needed?
d.Balance with the most following tasks heuristic.What tasks are assigned to which stations?
e.What is the efficiency of the line obtained in part d?

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Definitions:

Debt Capital

Funds borrowed by businesses to finance their operations or growth, which must be repaid to lenders with interest.

Equity Capital

Funds that are raised by a company in exchange for a share of ownership in the company.

Factoring

A financial transaction where a business sells its accounts receivable to a third party at a discount in exchange for immediate cash.

Trade Credit

An agreement where a buyer is allowed to purchase goods or services and pay the supplier at a later scheduled date.