Ask question

Ask question

All categories

3 years ago

15

What is the time of the slowest workstation in a production system?

1 answer:

GalinKa [24]3 years ago

3 0

Correct/Complete Question:

What is the time of the slowest workstation in a production system?

A. utilization

B. bottleneck time

C. effective capacity

D. throughput time

Answer:

B, bottleneck time

Explanation:

A bottleneck in a production system refers to a constraint in the production system where supply takes the longest time to meet up with demand for a particular good.

In the production processes, bottleneck time is the time takencapacity of the ful in a certain process of production as a result of the limited capacity of the process, thereby reducing the entire production chain.

Simply put, a bottleneck is a delay in time of one of the production process thereby slowing down the entire production system.

Cheers.

You might be interested in

19. The usefulness of a product to consumers is referred to as product:

uranmaximum [27]

Answer:

The usefulness benefits that a consumer receives from buying and using products or services is called utility... so it's B). ♡ hope this helps ♡

4 0

3 years ago

Read 2 more answers

Chapman Machine Shop is considering a 4-year project to improve its production efficiency. Buying a new machine press for $576,0

DIA [1.3K]

Answer:

The Firm should not Buy and Install the press as it delivers a negative NPV of -$24,924 at 11% discount rate over its 4 year operations

Explanation:

The General rule is to appraise the investment based on various appraisal techniques.

A technique that should be considered must have special focus on the time value of money, the required rate of returns expected by the firm and other Cashflow considerations.

The Net Present Value (NPV) approach will be the best method to proceed with.

The NPV approach typically falls under the following decision tree:

a. If NPV is negative (Reject the proposal)

b. If NPV is positive (Accept if it's a singular project, Accept the highest positive NPV if it's for mutually exclusive Projects)

c. If Zero (this is the breakeven line at which the Project covers all its cost but does not return a profit.) Also referred to as the IRR

Kindly refer to the attached for detailed workings

6 0

3 years ago

Galen and Leslie are directors, but not officers, of Tropical Travels, Inc. Tropical Travels becomes embroiled in a controversy

LekaFEV [45]

Answer:

A.indemnification, the company may reimburse them for legal fees and judgments.

5 0

3 years ago

Read 2 more answers

Which of the following management responsibilities often involves evaluating the results of operations against the budget?

gayaneshka [121]

Answer: (C) Controlling

Explanation:

The controlling is one of the most important function in the management as it involves proper planning, directing and the organizing all the function in the system.

The main objective of the controlling is that it helps in evaluating the management process and also helps in the error checking in order to taking the various types of decision for the correction purpose.

According to the given scenario, the controlling is one of the management responsibility that involve against the given budget for the purpose of evaluation in an organization.

Therefore, Option (C) is correct.

3 0

3 years ago

Present value (with changing interest rates). Marty has been offered an injury settlement of $12 comma 000 payable in 3 years

lesantik [10]

Answer:

If opportunity cost is 5%, PV=10,366.05

If opportunity cost is 6.5%, PV=9,934.19

If opportunity cost is 11.5%, PV=8,656.79

Explanation:

PV=Σ $(\frac{CF_{t} }{(1+i)^{t} })$

If opportunity cost is 5%: PV = $\frac{12,000 }{(1+0.05)^{3} }$ =10,366.05

If opportunity cost is 6.5%: PV = $\frac{12,000 }{(1+0.065)^{3} }$ =9,934.19

If opportunity cost is 11.5%: PV = $\frac{12,000 }{(1+0.115)^{3} }$ =8,656.79

8 0

3 years ago