A Manufacturing Company Is Using a Two-Container Kanban System Between

question 21

Essay

A manufacturing company is using a two-container Kanban system between a downstream (using) and an upstream (producing) work center.Each container holds 25 parts.The using work center can handle 100 parts per day.The average elapsed time for the entire cycle is currently .40 days.The company is concerned about the efficiency of the operation.
a.What is the safety factor for the current operation?
b.What is the maximum authorized inventory for this part?
c.If the number of containers is reduced to one, how many parts must it hold?
d.If the efficiency is changed to .10 and the number of parts per container is increased to 44, how many containers will be needed?

Evaluate the effects of external factors, such as policy changes or market shifts, on supply and demand.

Distinguish between short-run, long-run, and immediate market period adjustments in supply and demand.

Determine the price elasticity of supply using the midpoint formula.

Relate concepts of elasticity to practical scenarios, such as minimum wage impacts and agricultural incomes.

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Definitions:

1960s

A decade marked by significant social, political, and cultural change, including movements for civil rights and the counterculture.

HIV

A virus known as Human Immunodeficiency Virus targets the immune system and may result in acquired immunodeficiency syndrome (AIDS) without treatment.

Bottle Feeding

The method of feeding babies with milk or formula from a bottle, as opposed to breastfeeding.

HAART

Highly Active Antiretroviral Therapy, a treatment regimen for HIV/AIDS designed to reduce the viral load in the body to undetectable levels.