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For an assembly line, the production rate was 4 pieces per hour and the average processing time was 60 minutes. The WIP inventory was calculated. Now, the production rate is kept the same, and the average processing time is brought down by 30 percent.As a result of this change in the processing time, the WIP inventorya)Increases by 25%b)Increases by 30%c)Decreases by 25%d)Decreases by 30%Correct answer is option 'D'. Can you explain this answer? for GATE 2024 is part of GATE preparation. The Question and answers have been prepared according to the GATE exam syllabus. Information about For an assembly line, the production rate was 4 pieces per hour and the average processing time was 60 minutes. The WIP inventory was calculated. Now, the production rate is kept the same, and the average processing time is brought down by 30 percent.As a result of this change in the processing time, the WIP inventorya)Increases by 25%b)Increases by 30%c)Decreases by 25%d)Decreases by 30%Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for GATE 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for For an assembly line, the production rate was 4 pieces per hour and the average processing time was 60 minutes. The WIP inventory was calculated. Now, the production rate is kept the same, and the average processing time is brought down by 30 percent.As a result of this change in the processing time, the WIP inventorya)Increases by 25%b)Increases by 30%c)Decreases by 25%d)Decreases by 30%Correct answer is option 'D'. Can you explain this answer?.

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