Daily Usage of a Product Is 20 Units

question 30

Essay

Daily usage of a product is 20 units. Since the plant operates 250 days per year, this leads to annual usage of 5000 units. Setup cost is $100 and annualized carrying cost is $90. Daily production of this product is 75 units. Lead time is eleven days, and safety stock is six day's production. What is optimal kanban size? What is the optimal number of kanbans?

Solve problems involving distance, rate, and time.

Understand the mathematical representation of absolute values and solve absolute value equations and inequalities.

Translate verbal statements into mathematical inequalities.

Solve systems of linear inequalities.

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Definitions:

Randomly Arranged

Items, subjects, or events are placed or selected without a specific pattern, order, or purpose, ensuring an unbiased distribution.

Retroactive Interference

A cognitive phenomenon where newer memories interfere with the recall of older memories, often studied in psychology and neuroscience.

Memorize Position

The action or process of learning something so that it can be recalled exactly from one's memory, particularly in terms of spatial location.

Recognize Patterns

The cognitive process of identifying similarities or regularities in data, sensory inputs, or symbolic representations, allowing for understanding and prediction of events.