Question: We have a process with four steps; each step occurs in order. All product must go through each step. Each product can be sold for
We have a process with four steps; each step occurs in order. All product must go through each step. Each product can be sold for $ per item; the process operates for hours a day, days a year.
Each workstation can work on one item at a time. The number of workstations for each step, as well as the flow time for each step, is given here:
Step # of workstations Flow time min
Given the above information, how much annual revenue can the process generate, in dollars per year?
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