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An assembly line with 11 tasks is to be balanced.The longest task is 2.4 minutes,the shortest task is 0.4 minutes,and the sum of the task times is 18 minutes.The line will operate for 600 minutes per day.
(a)Determine the minimum and maximum cycle times.
(b)What range of output is theoretically possible for the line?
(c)What is the minimum number of stations needed if the maximum output rate is to be sought?
(d)What cycle time will provide an output rate of 200 units per day?
Quantity Sold
The total number of units of a product or service that have been sold within a specific period.
NPV
Net Present Value; a calculation that compares the present value of cash inflows to the present value of cash outflows over a period of time.
Break-Even Level
The point at which total costs and total revenue are equal, resulting in no net loss or gain, and the point at which a business, product, or service becomes profitable.
Net Present Value
A calculation used to determine the present value of a series of future cash flows by discounting them at a specific rate.
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