Table 15.10 a Work Center Has the Following Six Jobs Waiting to Waiting

question 102

Multiple Choice

Table 15.10
A work center has the following six jobs waiting to be processed (all times are shown in days) :

-Use the information in Table 15.10.What is the average flow time (in days) using the FCFS rule?

• A)fewer than or equal to 10 days
• B)greater than 10 days but fewer than or equal to 20 days
• C)greater than 20 days but fewer than or equal to 30 days
• D)greater than 30 days

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Definitions:

Capital Asset Pricing Model

A model used to determine the theoretical rate of return of an asset, considering risk and the time value of money.

Cost of Equity

The return a firm theoretically pays to its equity investors, i.e., shareholders, to compensate for the risk they undertook by investing their capital.

WACC

Weighted Average Cost of Capital, a calculation that reflects the cost of a company to finance its assets through a mix of equity and debt.

Level of Risk

The level of risk and possible monetary loss associated with making an investment choice.