Assembly-line balancing means assigning all necessary tasks to a series of workstations so that each workstation has no more than can be done in the workstation cycle time and so that idle time across all workstations is minimized.

Answer the following statement true (T) or false (F)


True

The assembly-line balancing problem is one of assigning all tasks to a series of workstations so that each workstation has no more than can be done in the workstation cycle time and so that the unassigned (i.e., idle) time across all workstations is minimized.

Business

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Indicate whether this statement is true or false.

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Which of the following is a drawback of cost-based pricing?

A) Sellers earn a fair return on their investment. B) By tying the price to cost, sellers simplify pricing. C) When all firms in the industry use this pricing method, prices tend to be similar. D) This method ignores demand. E) Without a standard markup, consumers don't know when they are being overcharged.

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Business

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Answer the following statement true (T) or false (F)

Business