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Author Question: Daily usage of a product is 10 in a facility that operates every day of the year. Setup cost is $68 ... (Read 37 times)

lb_gilbert

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Question 1

You have read that in JIT and lean production the optimum lot size is one, with some exceptions for packaging and physical limitations. If a product currently has a lot size of 25, what must happen to setup time for the lot size to truly fall to one? Data for this problem are D= 100 units, S = $75 based on setup time of 50 minutes at $1.50 per minute, and H = $40 per unit per year.

Question 2

Daily usage of a product is 10 in a facility that operates every day of the year. Setup cost is $68 and annualized carrying cost is $100. Daily production of this product is 20. Lead time is 14 days; safety stock is one day's production. What is the optimum kanban size, and number of kanbans?


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Marked as best answer by lb_gilbert on Dec 3, 2019

Pamela.irrgang@yahoo.com

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lb_gilbert

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Reply 2 on: Dec 3, 2019
Excellent


LegendaryAnswers

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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