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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Which of the following is NOT one of the four problems for marketers seeking to promote a service's benefits described by Banwari Mittal?
a. Distribution b. Abstractness c. Generality d. Non-searchability e. Mental impalpability
The Securities and Exchange Commission (SEC)
A) regulates both primary and secondary markets. B) regulates initial public offerings, but not seasoned equity offerings, in the primary market. C) regulates only initial public offerings, or IPOs. D) regulates only primary market transactions to ensure investors are provided with adequate and accurate information on new securities.