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:

Primary Motive

Fundamental drives or motivations that are biological in nature, such as hunger, thirst, or the need for sleep.

Ethology

The scientific study of animal behavior, often with a focus on behaviors that are instinctive or genetically programmed.

Natural Habitat

The original environment in which a plant, animal, or organism lives and grows best, without human intervention.

Instinct Concept

The inherent inclination of a living organism towards a particular complex behavior.