Examlex
An assembly line has been designed to make battery-powered beverage mixers.Task details are shown in the table below:
a.What is the assigned cycle time (in minutes)?
b.What is the maximum output rate of this line in mixers per hour?
c.What is the total idle time per cycle?
d.What is the assembly line's efficiency?
ROI
Return on Investment, a performance measure used to evaluate the efficiency of an investment or to compare the efficiencies of several different investments.
Investment Opportunity
A financial investment or venture that has the potential to yield returns.
Manufacturing Cycle Efficiency (MCE)
A performance metric that measures the proportion of production time that is actually spent on value-added activities.
Combined Residual Income
This term might refer to the total residual income from various sources or projects, but without a standard definition, its specific meaning can vary.
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