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Happiness, Inc. uses a Kanban system. The daily demand for the most critical part, the Smylie, is 400 units over an eight-hour production period. The average waiting time for a container of Smylies is 30 minutes. The processing time for a container filled with Smylies is 6 minutes, and a container holds 5 units. If the company wishes to use a 5% policy variable, how many containers are needed?
Frequency
The rate at which something occurs or is repeated over a particular period of time or in a given sample.
Steel Towns
Urban areas primarily developed around and dependent on the steel industry, characterized by steel mills, worker housing, and often a strong sense of community among workers.
Homestead
A dwelling with its land and buildings, occupied by the owner as a home and typically used for agriculture or similar purposes.
Great Britain
A sovereign state located off the north-western coast of continental Europe, comprising England, Scotland, and Wales.
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