You Have Read That in JIT and Lean Production the Optimum

question 85

Essay

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.

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Definitions:

Circular Reactions

Behaviors repeated over and over again, often observed in infant development, which serve to consolidate learning and motor skills.

Qualitatively Different

Describes items or phenomena that differ in essence or kind, not just in quantity or scale.

Fixed Order

A predetermined sequence that must be followed, commonly referring to steps in a process or procedure.

Universal

A characteristic or condition that is present in all people or things in a particular group or category.