A Work System Has Five Stations That Have Process Times

question 5

Multiple Choice

A work system has five stations that have process times of 5, 9, 4, 9, and 8. What is the process time of the system?

• A) 4
• B) 9
• C) 18
• D) 35
• E) 48

---

Definitions:

Profit Margin

Profit Margin is a financial metric that measures the amount of profit a business makes per dollar of revenue, indicating efficiency in controlling costs.

Asset Turnover

A financial ratio that measures the efficiency of a company's use of its assets in generating sales revenue.

Return On Assets

A financial ratio that measures the efficiency of a company's assets in generating profit, calculated as net income divided by total assets.

Estimated Residual Value

The anticipated value of an asset at the end of its useful life.