The processing time for each activity is given as follows: Processing time per customer 2 seconds 30 seconds 60 seconds 5 seconds ited. If one additional employee is added to the bottleneck activity, what cess capacity?

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A: Net present value = Present value of benefits - Present value of costs

Cost of Production

In economic theory, production costs are the costs incurred by an industrial organization when it engineers a project or provides a service that generates revenue and benefits. Labor costs, raw materials, consumable manufacturing costs, and general overhead sum up, accounting for production costs. Total cost data is calculated by combining total direct costs of materials, labor costs, and total production costs.