An Assembly Line Is Assigned as Follows

question 60

Essay

An assembly line is assigned as follows.Station 1- task A,B,and C.Station 2- task D.Station 3- task E and F.The task times are 7,3,2,9,4,and 5 minutes respective to A,B,C,D,E,and F.(Assume that there is no precedence relationships between the tasks,i.e.they can be performed in any order)
(a)Calculate the efficiency.
(b)What would the assignment of tasks to stations be using the shortest processing time heuristic (assuming the current maximum station time remains the cycle time)?

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Definitions:

Fair Insurance Policy

An insurance policy for which the premium is equal to the expected value of the claim.

Risk-Averse

The characteristic of preferring to avoid risk, opting for lower but more certain returns over potential higher but uncertain returns.

Probability

A measure of the likelihood that an event will occur, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.

Marginal Utility Curve

A graphical representation showing how marginal utility depends on the quantity of the good or service consumed.