Identify the formulas for the following terms that occur in assembly line balancing: 1. cycle time, 2. minimum number of workstations, and 3 . efficiency
What will be an ideal response?
1. Cycle time = Production time available per day / Units required per day;
2. Minimum number of workstations = The total of all task times for the product / Cycle time
3 . Efficiency = The total of all task times for the product / [(Actual # of workstations)(Largest assigned cycle time)]
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Cost information for short-run decision making focuses on
a. what happened. b. what is happening. c. what will happen. d. why it happened.
Which approach is desirable when there is a high degree of supply risk or early supplier involvement is required?
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