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The Peeps factory can be described as a three step process consisting of Mixing, Forming, and Packaging. Peeps are made in batches of 1,000 and have a daily demand of 75,000 units during what the plant manager likes to call "the Peep season." Mixing has a cycle time of .02 seconds with a setup time of 30 seconds; Forming has a setup time of 24 seconds and a cycle time of .03 seconds, and Packaging has a setup time of 15 seconds with a cycle time of .04 seconds. Each process step is handled by one operator, who is available for 8 hours a day. What is the process bottleneck if each process step is assumed to have 100% uptime?
Foreigners
Individuals or entities from one country who are living in, conducting business, or present in another country.
Assets
Resources owned by an individual or business that have value and can be used to meet debts, commitments, or legacies.
Net Creditor Nation
A country that has lent more money to other countries than it has borrowed from them.
Leading
Often refers to economic indicators that predict or signal future movements in the economy or stock market before they occur.
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