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1. You are the manager of a widget factory. Production of a widget is currently a two-stage process. The first stage (cutting and planning) takes 3 minutes per unit of input. The output of the first stage is then finished in the second stage that takes 4 minutes. Assume demand is very high, and all of production can be sold at a mark-up (over costs) of N3.00 per unit. Sam the supervisor is considering an upgrade to an NC (numerical control) machine that can flexibly do all these tasks (cutting, planning and finishing); moreover, this machine will take just 5 minutes to produce one unit of a widget. As a result of the upgrade, what will happen to the flow time per widget?
Felicien grows mirlitons (that's Cajun for Chayote squash) in his 100 by 100 foot garden. He then sells the crop at the local farmers' market. Two summers ago, he was able to
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