In Setting Up a Kanban Control System You Need to Determine

question 48

Multiple Choice

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 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 8 hours, what number of Kanban card sets is needed?

• A)60
• B)80
• C)90
• D)120
• E)150

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Definitions:

Discrete Variables

These are variables that represent counts and can only take on distinct, separate values.

Specific Values

Specific values in finance typically refer to precise monetary figures associated with assets, liabilities, revenues, or expenses, crucial for accurate financial analysis and reporting.

Beta Coefficient

The beta coefficient measures a stock's relative volatility and risk compared to the market. It indicates how much the stock price is likely to change in response to market fluctuations.

Weighted Average

Weighted average is a calculation that takes into account the varying degrees of importance of the numbers in a data set, providing a measure that reflects their contributions.