This study undertakes the line balancing problem while allocating reconfigurable machines to different workstations. A multi-objective model is used to analyze the position of workstations, assignment of configurations to workstations, and operation scheduling in a reconfigurable manufacturing environment. A model is presented that comprises the objectives of the Total Time (TT), the Line Efficiency Index (LEI), and the Customer Satisfaction Index (CSI). The objective is to minimize the completion time and maximize the efficiency of a production line. The proposed model combines the Simple Line Balancing Problems Type 2 and Type E in the form of SLBP-2E. The presented problems are addressed by using a heuristic solution approach due to non-polynomial hard formulation. The heuristic approach is designed to assess different solutions based on no repositioning, separate repositioning of workstations and configuration, and simultaneous repositioning of workstations and configurations. A detailed assessment is presented regarding the efficiency as well as the effectiveness of proposed approaches. Finally, conclusions and future research avenues are outlined.