Consider a Production Line with Five Stations

question 64

Multiple Choice

Consider a production line with five stations.Station 1 can produce a unit in 9 minutes.Station 2 can produce a unit in 10 minutes.Station 3 has two identical machines,each of which can process a unit in 12 minutes (each unit only needs to be processed on one of the two machines.Station 4 can produce a unit in 5 minutes.Station 5 can produce a unit in 8 minutes.Which station is the bottleneck station?

• A)Station 1
• B)Station 2
• C)Station 3
• D)Station 4
• E)Station 5

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Definitions:

Labor Productivity

A measure of economic performance that calculates the amount of goods and services produced (output) per unit of labor input, reflecting the efficiency of labor use.

Real GDP

Real Gross Domestic Product is the inflation-adjusted value of all goods and services produced by an economy over a specific period, providing a more accurate picture of an economy's size and how it's growing over time.

Employment Growth

The increase in the number of people who are employed in a country or region over a set period.

Real GDP Per Capita

Real GDP per capita measures the economic output of a country adjusted for inflation and divided by the total population, providing an average economic well-being indicator.