Consider any collection of tasks to be assigned to stations in a line balancing exercise. Use the equation for determining the minimum number of stations to derive an upper bound on the efficiency of the actual line balance for those same tasks
What will be an ideal response?
Answer: The minimum number of stations equation is ΣT/takt time. The heuristic requires that any non-integer result be rounded up to the next highest integer since a fractional station is undefined. The ratio of the result of the equation ΣT/takt time to the next highest integer provides this upper bound on efficiency. For example a calculation of 3.75 workstations is rounded to 4; the ratio of 3.75/4 = .9375 and 93.75% is the highest efficiency possible with that set of tasks and takt time.
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A) Unnecessary words and phrases B) Long words and phrases C) Redundancies D) Double modifiers E) Correct usage
The amount of the asset reserved for the higher price segment is such that the expected marginal revenue from the higher priced segment is less than the price to the lower price segment
Indicate whether the statement is true or false.