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:

Medicaid-insured

A status denoting individuals who are covered by Medicaid, a government-funded program in the United States that provides health insurance to people with low income.

Non-Hispanic White

An ethnic or racial category in the United States Census referring to people who are not of Hispanic or Latino origin and identify as White.

African Americans

Individuals of African descent living in the United States, often with a historical background tied to slavery and civil rights struggles.

Mind-blindness

A cognitive condition where an individual is unable to attribute mental states to themselves and others, severely impacting social interactions and understanding.