You Have Read That in JIT and Lean Production the Optimum

question 85

Essay

You have read that in JIT and lean production the optimum lot size is one, with some exceptions for packaging and physical limitations. If a product currently has a lot size of 25, what must happen to setup time for the lot size to truly fall to one?
Data for this problem are D=100 units, S=$75 based on setup time of 50 minutes at $1.50 per minute, and H=$40 per unit per year.

---

Definitions:

Statistical Language

The specialized language, including terminology and symbols, used in statistics for the analysis, interpretation, and presentation of data.

Method Section

A part of a research paper or report that describes how the research was conducted, including participants, materials, and procedure.

Participants Characteristics

Traits or features defining the individuals participating in a study, including demographic, socioeconomic, and psychological attributes.

Google Scholar

A freely accessible web search engine that indexes the full text or metadata of scholarly literature across an array of publishing formats and disciplines.