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Due to changes in regulatory requirements, the transactions costs associated with selling corporate securities increased by $1 per share. This change will Answer a. cause the co
You have been asked to estimate the costs for a project to build an industrial power plant. Based on historical data, the steam turbine accounts for 30 percent of the total costs f
Korner Hardware manager Emerson Jones is interested in determining how many nativity scenes to order for the 12-day holiday season. Past experience indicates that demand for these
Automobiles arrive at the drive-through window at the downtown Urbana, Illinois, post office at the rate of 4 every 10 minutes. The average service time is 2 minutes. The Poisson d
The parts department of a large automobile dealership has a counter used exclusively for mechanics' requests for parts. The time between requests can be modelled by a negative expo
Larry is upset with his roommate Bill because he refuses to clean up after himself. In a fit of rage, Larry tries to slap Bill in the head, but he misses. At the time, Bill is turn
The field of human resources is evolving from providing services to an organization to becoming a strategic partner in its growth. Analyze and discuss how the role of human resourc
Determine the price and quantity of toasters: There are 100 producers of toasters. Half of the producers are "low quality," i.e. their products will break with probability of
Why is it important for national health information management organizations to agree on how to standardize paper and electronic medical forms?
Westside Printing Limited was incorporated on 1 July 200A to take over the existing business of Bob's Printing. Net assets (other than cash) were taken over at fair value. The tota
Assembly Line BalancingLine Balancing and Work Cell Balancing is an efficient tool to increase the output of the Assembly line and Work Cell line to reduce manpower and cost. Assembly Line balancing is nothing though the Simple Line Balancing is the calculation of assigning works to workstation alongside an Assembly Line and that operation will be optima in sense. Henry Ford who was first introduced the Assembly Line Balancing and in early times it was simple line balancing (LB) that has optimized the industrial significance, the effective difference between the optimal and sub-optimal operation can afford savings that will be million dollars every year.Singe-Model Assembly Line: in early times assembly lines were utilized in high level production of a single product. But now the products will draw customers with no any difference and allows the profitable use of Assembly Lines. An advanced technology of production which enables the automated setup of operations and it is negotiated time and money. One time the product is assembled in the same line and it won’t variant the setup or significant setup and it’s time that is utilized, this assembly system is called as Single Model Line.LB: it is a Classical Operation Research (OR) which optimizes the problem, and it has been handled by OR for many decades. Several algorithms have been proposed to this problem and it contempt the usual importance of the issue and the OR utilizes to handle this. It’s commercial software which is available to optimize the industry and their lines.Assembly Line Balancing is dependent upon 3 models and it is explained that these 3 types of models is related to Assembly Line Balancing and they are Single-Model Assembly lines, mixed models, and multi-model Assembly lines.Multi-Model Assembly Line: in this type of model the uniformity of the assembled products and the production system is not that very much sufficient to accept the enabling of the product and the production levels. To decrease the time and money this assembly is arranged in batches, and this permits the short term lot-sizing issues which made in groups of the models to batches and the result will be on the assembly levels.Mixed Model Assembly Line: in this model the setup time among the models would be decreased sufficiently and enough to be ignored. Thus this internal mixed model determines the assembled on the same line. And the type of assembly line wherein workers work in different models of a product in similar assembly line is called Mixed Assembly Line.
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