Daily Usage of a Part Is 20 in a Facility

question 15

Essay

Daily usage of a part is 20 in a facility that operates 250 days of the year.Setup cost is $20 and annualized carrying cost is $210.Production of this part occurs at the rate of 50 per day when production of the part is underway.Lead time is 1 day;safety stock is 1/2 day's production.What is the optimum kanban size,and number of kanbans?

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Definitions:

Demographic Transition

A model that describes the change from high birth and death rates to low birth and death rates as a country develops from a pre-industrial to an industrialized economic system.

Death Rates

The number of deaths per unit of population in a given time period, often used as an indicator of health and well-being in a community.

Birthrates

The ratio of live births in an area to the population of that area; expressed per 1000 population per year.

Infant And Child Mortality

The death rate of infants and children under a certain age, often used as an indicator of health and development in a population.