It takes a total of 400 seconds for one technician, working alone, to assemble one AirRules smartphone. However, AirRules manufactures its smartphones with 20 technicians staffing a 20-station assembly line, producing one smartphone every 30 seconds. Based on this information, a. How many hours must AirRules operate its assembly line to create 1,200 smart- phones daily? b. What is the theoretical minimum number of workstations for an assembly line supporting the AirRules smartphone production described here? c. How efficient is the AirRules smartphone assembly line?

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Forecasting

Forecasting is a methodology that uses historical data as inputs to make well-informed predictions about the course of future trends. Forecasting is the method of making forecasts based on historical and current data, most commonly by trend analysis. In the business world, forecasting is a basic statistical task. Forecasting is used by businesses to decide how to allocate their budgets or prepare for expected expenditures in the future. Forecasts help managers formulate and execute production plans by providing forecasts. The primary goal of forecasting is to make accurate predictions.