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You have the option to add a new product line to your facility with capacity to produce 1000 widgets per month. Initial analysis shows that the breakeven point is 500 widgets per month. Monthly demand at a sales price of $30 per widget is 400 widgets per month. What should you do? (9 Points)
a- Do not add the new line
b-Add the new line and produce approximately 400 widgets per month
c-Add the new line and produce approximately 500 widgets per month
d- Add the new line and produce approximately 1000 widgets per month
The lean tool to reduce setup times is SMED; this acronym stand for : Which of the following is NOT one of the 7+ (or 8) categories of waste or muda? Pursuing perfection in lean organizations involves which of the following tools:
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