A line balance that is 100% efficient must:

A) be using the minimum cycle time.
B) be using the theoretical minimum number of work stations.
C) also achieve 100% balance delay.
D) be producing the theoretical maximum output.


B

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

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The parameter R in an exponential utility function represents

a. the decision maker's risk tolerance. b. the utility function's error tolerance. c. the posterior probability. d. the likely profit/loss from the investment.

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The normal balance of an account is the:

A. increase side of the account. B. the right side of the account. C. the left side of the account. D. decrease side of the account.

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________ is a measure of how quickly a company can raise money through internal sources by converting assets to cash.

A. Equitability B. Liquidity C. Nominal value D. Absorbability

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