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:

Multifactorial

Pertaining to or arising from the interaction of multiple factors, including genetic and environmental influences.

Polygenic

A term describing traits or conditions caused by multiple genes, often resulting in a wide range of potential outcomes or phenotypes.

Nonadditive

Relating to or characterized by a process or effect that does not simply combine individual components in a straightforward, additive manner.

Human Genome Project

An international scientific research project aimed at mapping and understanding all the genes of the human species, completed in 2003.