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Table
A manufacturer using a kanban system has had problems with high inventory levels of one of the component parts it makes. Daily demand for the part is 3000 units, average waiting time during production is day, processing time is day per container, and a container holds 150 pieces.
-Use the information in Table 8.2. How many kanban containers would be required if a 10 % efficiency factor is used?
Seasonal Indexes
Factors used to adjust data for seasonal effects, allowing for more accurate comparison across different times of the year.
Trend Line
A line drawn on a graph that shows the general direction of data points' movement over time.
Centered Moving Averages
A method used in time series analysis to smooth out short-term fluctuations and highlight longer-term trends by averaging data points around a central value.
The Pyramids of Giza
Ancient monumental structures located in Egypt, serving as tombs for pharaohs and a testament to Egyptian architectural skill.
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