Johnson Electronics manufactures a power supply used in a variety of electronics products, including printers, modems, and routers. The demand for the part is 7,400 units per week. The production of the power supply requires six different manufacturing operations, each in sequence and each having the following processing times. The net available time to work is 46 hours per week, using two shifts Processing Time Operation (seconds) Operation 1 Operation 2 Operation 3 Operation 4 Operation 5 Operation 6 16 13 15 28 19 Required: 1. What is the Takt time, in seconds, for this product? (Round your final answer to the nearest whole number.) seconds per unit Takt time 2. Is the processing line properly balanced for this product? Yes

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Inflation and Purchasing Power Theory

In economic terms, Inflation refers to the increase in the costs of various commodities which are used in daily lifestyle like food, clothes, transport, etc. over a specific time. It may lead to a fall in the purchasing power of the people and also affects the exchange rate of the currency because of the price increase. As the purchasing power falls the unit of the currency in the economy falls. When the prices of the commodities are decreased, then the purchasing power of the consumers will rise, then it will lead to deflation and changes the currency of the base economy to that of the foreign economy which will lead to change in exchange rates.