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An assembly line with 11 tasks is to be balanced.The longest task is 2.4 minutes,the shortest task is 0.4 minutes,and the sum of the task times is 18 minutes.The line will operate for 600 minutes per day.
(a)Determine the minimum and maximum cycle times.
(b)What range of output is theoretically possible for the line?
(c)What is the minimum number of stations needed if the maximum output rate is to be sought?
(d)What cycle time will provide an output rate of 200 units per day?
Interest
The cost of borrowing money or the return on investment, calculated as a percentage of the principal sum.
Percent of Sales Method
A forecasting technique that estimates future financial statements based on a predicted sales growth rate and historical financial ratios.
Analysis of Receivables
The process of examining the accounts receivable of a business to assess their collectability and manage credit risk.
Accrued Interest
Interest that has been incurred but not yet paid in cash during a specific time period.
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