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XYZ Company uses a kanban system in its factory. Demand for a component is 1000 units per day, and lead time to manufacture the component is 330 minutes. The factory operates 8 hours per day. The company uses a safety factor (or safety stock) equal to 20%. A standard container holds 60 pieces.
What is the number of kanbans needed?
why do finanical objectives essential for the company to succeed?
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