What would this be called under marine insurance

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Reference no: EM132228455

1. Compute the takt time for a system where the total time per shift is 350 minutes, there is one shift, and workers are given 2 13-minute breaks and 30 minutes for lunch. Daily demand is 351 units.

2. A ship collided with another on the high seas, she was destroyed and reduced to mere planks and metal, what would this be called under marine insurance?

3. A ship was captured on the high seas, the owners hearing of her capture claimed for insurance, the insurers honoured the claim however, two weeks later the ship was returned and the insurers asked for the money paid out to be returned , advise the parties.

Reference no: EM132228455

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