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Consider a workstation that can process 2 units per minute. It takes 6 minutes to receive an order from the previous station. The container size is 12 units. The factory sets safety stock at 20 percent of demand during lead time. How many kanbans are needed for the workstation?
Logistics
The organization of tracking, moving, storing, and delivering cargo in a trucking operation.
ASE Certification
A certification granted by the National Institute for Automotive Service Excellence to individuals who demonstrate knowledge and proficiency in automotive repair and service.
Transit Bus Technicians
Skilled professionals responsible for the maintenance and repair of buses used in public transportation.
Net Present Value
A method used in capital budgeting to evaluate the profitability of an investment by calculating the difference between the present value of cash inflows and outflows.
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