Engineering Economics
A manufacturing firm maintains one product assembly line to produce signal generators. Weekly demand for the generators is 35 units. The line operates for 7 hours per day, 5 days per week. What is the maximum production time per unit in hours required of the line to meet the demand?

1.4 hours per unit
1.0 hour per unit
1.6 hours per unit
1.2 hours per unit

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Engineering Economics
A construction estimate is used

To produce a statement of the approximate cost
To decide an approximation of the value of the project and not the exact cost
None of these
To judge tentatively or approximate value of the project

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