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Table 7.1
A toy company uses a kanban system to make a metal fastener that is a component of several toys. The waiting time for a container of the fasteners during production is 0.25 day; average processing time is 0.15 day per container. Each container holds 200 fasteners. The company uses 2000 fasteners a day in the production of its product.
-Use the information in Table 7.1.Using an efficiency factor of 5 %,calculate the number of kanban containers needed for the fastener.
Absenteeism
The frequent absence of an employee from work without valid reasons, which can negatively impact business operations.
Personnel Turnover
The rate at which employees leave an organization and are replaced by new hires.
Management Skills
The abilities and competencies that enable an individual to manage, direct, and guide others in a business or organizational context to achieve set goals.
Job Involvement
The level of psychological identification or commitment a person has toward their job and its importance in their life.
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