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You Have Read That in JIT and Lean Production the Optimum

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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:

Disturbed Body Image

A psychological condition where an individual has a distorted perception of their body size, shape, or appearance.

BMI

Body Mass Index, a measure of body fat based on height and weight that applies to adult men and women.

Cultural Perception

The interpretation of sensory information (sights, sounds, smells, etc.) based on the cultural background and context of the observer.

Risk For Suicide

A heightened likelihood of attempting or contemplating suicide, often assessed in individuals with mental health conditions.

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