Daily Usage of a Product Is 10 in a Facility

question 24

Essay

Daily usage of a product is 10 in a facility that operates every day of the year.Setup cost is $68 and annualized carrying cost is $100.Daily production of this product is 20.Lead time is 14 days;safety stock is one day's production.What is the optimum kanban size,and number of kanbans?

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Definitions:

Asylums

Institutions meant for the care of mental illness patients, historically known for their varying standards of treatment.

Mental Illness

A condition that affects a person's thinking, feeling, behavior, or mood, significantly interfering with daily life and functioning.

Psychogenic Therapy

A therapeutic approach that assumes psychological factors are a significant component in the cause or exacerbation of physical symptoms.

Demonology

The study of demons or beliefs about demons, often within the context of religion and mythology.