Question: PLease help with question 5 What is the maximum steady state output in a day for this firm? (1 point) The manager suggests buying a

PLease help with question 5 What is the maximum

PLease help with question 5

What is the maximum steady state output in a day for this firm? (1 point) The manager suggests buying a new packing machine which would reduce the packing time by close to 30 percent i.e. to 10 mins / order. He claims that doing so would improve the output by 17 percent. Do you agree? Justify your answer. (3 points) 5. For each of the following variables, briefly list the differences in general) for a job-shop environment and an assembly line. (one sentence per variable should be fine) (4 points; 1 point each) a) Throughput rate b) Capital intensity c) Labor skills d) Bottlenecks

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