In Setting Up a Kanban Control System, You Need to Determine

question 69

Short Answer

In setting up a kanban control system, you need to determine the number of kanban card sets needed.If the expected demand during lead time is 24 per hour, safety stock is 10 percent of the demand during lead time, the container size is 5, and the lead time to replenish an order is 5 hours, what number of kanban card sets is needed? ___________________

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Definitions:

Financial Reporting System

A structured process of collecting, processing, and presenting financial data about an organization, used to produce statements that disclose the company’s financial status to stakeholders.

Applicable Tests

Specific criteria or examinations applied to determine compliance with regulations, standards, or conditions.

Reportable Segments

Components or segments of a business that must be separately disclosed in financial reports because they represent a significant portion of the business's operations or financial outcomes.

Operating Segments

Components of a business for which separate financial information is available and is evaluated regularly by the chief operating decision-maker in deciding how to allocate resources and assess performance.