You have been assigned a line balancing task and given a list of tasks, their precedence requirements, and the time needed to accomplish them. As you begin to balance the line, you realize that you must make some assumptions
What are these assumptions and which of them has the greatest impact on the success of your balance?
One assumption that is being made is that the task times are invariant, unless a mean and standard deviation have both been provided. You must also assume that the task durations will stay roughly the same, i.e., that learning effects are not significantly different amongst the tasks. You are also assuming that the tasks will stay somewhat static, or the line would require rearrangement and possibly rebalancing with some frequency. You also assume that the precedence is static. Among these, the last assumption is probably the least tenuous.
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Supply chain management systems are often called _____, because the information they provide supports the planning of shipping resources such as personnel, funds, raw materials, and vehicles.
Fill in the blank(s) with the appropriate word(s).
Explain what is meant by a "combined guarantee."
What will be an ideal response?
One potential advantage of financing corporations through the use of bonds rather than common stock is
A) the interest on bonds must be paid when due B) the corporation must pay the bonds at maturity C) the interest expense is deductible for tax purposes by the corporation D) a higher earnings per share is guaranteed for existing common shareholders
The margin of safety is the difference between actual sales and budgeted sales.
Answer the following statement true (T) or false (F)