Assume that an assembly line has three tasks that must be completed (in order, A, B, C, and D). The tasks have processing times of 8, 12, 9, and 10 minutes per unit, respectively. If the assembly line operates for 500 minutes per day with a desired output of 50 units per day, what is the efficiency of the assembly line?
a. 90%
b. 95%
c. 97.5%
d. Cannot be determined from the information given
a. 90%
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Rushing had income of $144 million and average invested assets of $1,800 million. Its return on assets is:
A. 80%. B. 12%. C. 16.7%. D. 8.0%. E. 120%.
Which of the following terms is interchangeable with quantitative analysis?
A) management science B) economics C) financial analysis D) statistics E) None of the above
Coverage for loss that is limited to a specific amount is called
a. limited coverage. b. open coverage. c. valued coverage. d. minimum coverage.
Use this information for questions that refer to the Yummy Ice Cream case. Kelly Stich, marketing manager for Yummy Ice Cream Products, is thinking about some of her products and her promotion plans for the coming year. Yummy Ice Cream Products is introducing a new ice cream treat called Planet Savers. This treat uses ice cream produced with environmentally friendly processes that save energy and protect the ozone. Yummy plans to send articles to magazines, local newspapers, and environmental groups that explain the environmentally safer treat. The product also has a unique texture and different flavor.Stich wants to use counter cards and in-store signs to let people know about Cherry Walrus, the company's new flavor. She is also developing sales training materials that will teach ice
cream scoopers in Yummy's ice cream stores to promote the product. Right after Cherry Walrus is introduced, each store will also hand out coupons that are good for one day only.Yummy Mondaes is a product that has been around for 25 years. It is Yummy's take on the classic ice cream sundae, but white-brownie and coffee-flavored crumbles are added to make it extra special. The company sells this product in one-quart and two-quart containers through major grocery store chains. It relies on personal selling and price discounts to retailers to move more of the product. The company does very little consumer promotion for this product.Yummy Fudge-on-a-Stick is a new product of fudge-flavored ice cream on a stick. Yummy plans to sell it through retail grocery stores and is launching an aggressive advertising program that will use television, radio, newspaper, magazines, and the Internet. Most of its promotion will be directed at consumers.Two years ago, the company introduced Yummy Fruit-on-a-Stick, an all-natural frozen fruit product on a stick. The product category has been popular, continues to grow, and is in the market growth stage of the product life cycle. For a new product like Planet Savers, which of the following would you expect to be a primary objective of the promotion that is planned? A. persuading consumers who otherwise wouldn't eat ice cream B. increased promotional push C. informing consumers D. reminding ice cream shop managers and retailers E. control of the message channel