In Setting Up a Kanban Control System and You Need

question 30

Short Answer

In setting up a kanban control system and you need to determine the number of kanban card sets needed.If the expected demand during lead time is 50 per hour,the safety stock is 20% of the demand during lead time,the container size is 4.If the lead time to replenish an order is 2 hours,what number of kanban card sets is needed?

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Definitions:

Production Possibilities Curve

A graphical representation showing the maximum quantity of goods and services that an economy can produce when all resources are fully employed.

Education Level

A measurement of the highest stage or degree of formal learning or training that an individual has completed.

Labor Force

Refers to the total number of people, including both the employed and the unemployed, who are currently available to engage in the production of goods and services in an economy.

Entrepreneurs

Individuals who start, organize, manage, and assume the risk for a business venture.