Table 7.10 Balance the Following Line for an Output Rate of Five

question 82

Multiple Choice

Table 7.10
Balance the following line for an output rate of five pieces per hour.The times are in minutes (not seconds) .

-Use the information from Table 7.10.The highest efficiency for a balanced line is:

• A)less than 89%.
• B)more than 89% and less than 91%.
• C)more than 91% and less than 93%.
• D)more than 93%.

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Definitions:

X-Inefficiency

Inefficiency in an organization's allocation of resources due to a lack of competitive pressure, often leading to higher costs and lower output.

Profit-Maximizing Output

The point of production where a company reaches its maximum profit potential.

Economies Of Scale

The cost advantages that businesses obtain due to the scale of operation, with cost per unit of output decreasing with increasing scale.

Industry Structures

The organizational characteristics and competitive dynamics of a market, including the number of firms, product differentiation, and barriers to entry.