Table 7.12 A Company Desires to Set Up a Line to Produce

question 5

Multiple Choice

Table 7.12
A company desires to set up a line to produce 60 units per hour.The work elements and their precedence relationships are as follows.

-Use the information in Table 7.12.What is the highest efficiency line balance possible?

• A)less than 93%
• B)more than 93% but less than or equal to 95%
• C)more than 95% but less than or equal to 97%
• D)more than 97%

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Definitions:

Free-Rider Problem

A situation in public goods provision where individuals enjoy the benefits of goods or services without contributing to their costs, undermining the incentive for its provision.

Street Entertainers

Individuals or groups who perform various forms of entertainment in public spaces, often for voluntary donations.

Nonexcludability

Characterizes goods or services where it is not possible to prevent non-paying individuals from consuming the product, typical of public goods.

Public Goods

Economic goods that are non-excludable and non-rivalrous, meaning they can be simultaneously accessed by multiple people without diminishing availability to others.