Consider a Workstation That Can Process 4 Units Per Minute

question 20

Short Answer

Consider a workstation that can process 4 units per minute. It takes 10 minutes to receive an order from the previous station. The container size is 10 units. The factory sets safety stock at 20 percent of demand during lead time. How many kanbans are needed for the workstation?

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Definitions:

Financial Metrics

Quantitative measures used to assess the financial health, performance, and viability of a business or investment.

Balanced Scorecard

A strategy performance management tool that tracks financial and non-financial measures to give a balanced view of organizational performance.

Strategic Performance Measurement System

A framework that companies use to monitor and manage their strategies by measuring performance using financial and non-financial metrics.

Balanced Scorecard

A strategic planning and management system used to align business activities to the vision and strategy of the organization, improve internal and external communications, and monitor performance against strategic goals.