1. Consider a three-stage process with the stage named as Process A, Process B and Process C. Input comes into Process A. Output form A goes into Process B. Output from B goes into Process C. Output of C is the final output. Suppose that it takes 2 minutes per unit in Process A, 3 minutes per unit in Process B, and 1 minute per unit in Process C. Suppose further that Process A receives input at the rate of 30 per hour. Which process will be experiencing starving?
Process A
Process B and Process C
Process B
Process C
2. Assembly of a Ford Fusion requires 141 different robotic machines working in series. There currently is only one windshield placement robot. Ford is considering adding a second, identical windshield placement robot to the Fusion assembly line. Average theoretical flow time would:
Stay the same
Increase
Decrease
Cannot determine
3. Critically analyze and explore some of the benefits and methods for international and global diversification. Explain some of the risk associated with international investing.