Which one of the following is not needed in preparing a production budget?
a. Budgeted unit sales
b. Ending finished goods units
c. Beginning finished goods units
d. Budgeted raw materials
Answer: d. Budgeted raw materials
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An assembly line with 11 tasks is to be balanced. The longest task is 2.4 minutes, the shortest task is 0.4 minutes, and the sum of the task times is 18 minutes. The line will operate for 600 minutes per day
(a) Determine the minimum and maximum cycle times. (b) What range of output is theoretically possible for the line? (c) What is the minimum number of stations needed if the maximum output rate is to be sought? (d) What cycle time will provide an output rate of 200 units per day?
In decision-making, fixed factors that affect the result variables but are not manipulated by decision maker are called ________ variables
Fill in the blanks with correct word