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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?
Future Earnings
Projected or anticipated profits a company expects to earn in future periods, often used for valuation purposes.
Short-Term Benefit
Refers to immediate rewards or perks provided to employees, including bonuses, sick leave, and temporary incentives.
Long-Term Benefit
Advantages or positive outcomes that accrue over an extended period, often associated with investments or strategic business decisions.
Shareholder Needs
The requirements or interests of individuals or entities that own shares in a corporation, often focused on return on investment.
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