What is the optimum kanban size and number of kanbans

Assignment Help Operation Management
Reference no: EM131367740

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?

Reference no: EM131367740

Questions Cloud

Company to create culture of innovation : As a strategic leader, what actions could you take to establish and emphasize ethical practices and behavior in your firm? What actions could you take as the CEO of a company to create a culture of innovation?
What would happen if a species of lizard were suddenly split : SCIE211- What would happen if a species of lizard were suddenly split into 2 groups by a hurricane resulting in the isolation of a small group of individuals on an island far from the mainland?
Two of advantages associated with using strategic alliances : Multinational enterprises do not formulate worldwide strategies, but rather regional strategies. What does this statement mean and how does it help us better understand international business?
Motivational theories exercise : Review the different motivational theories in Chapter 2 and address each of the following assignment requirements:
What is the optimum kanban size and number of kanbans : 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..
What factors would you consider to further segment markets : Imagine you lead the marketing team for a U.S. company that manufactures personal care items (such as shampoo). The company is going international, and you must prepare marketing strategies for two non-Western countries. How would you change your ..
Any key issues in their global strategy : How much pressure is there for cost reductions, and for local responsiveness? Describe the current global strategy and provide evidence about how the firm’s resources and competencies support the given pressures regarding costs and local responsivene..
Write a vhdl description of the system : Draw an SM chart for the main controller. You may assume that multiplication is carried out using a separate control circuit, which outputs Mdone = 1 when multiplication is complete.
What are the three common characteristics of an mne : What is a multinational enterprise? Is it likely that the number of MNEs will increase during the next decade? Why?- What are the three common characteristics of an MNE? Identify and briefly describe each.

Reviews

Write a Review

Operation Management Questions & Answers

  What are retailer optimal order quantity-total annual costs

Demand for a cleaning item at a retailer is 1000 units per year. A processing fee of $10 will be charged for each order placed. The annual cost to carry an item in inventory is 20% of the item costs. The supplier of this cleaning item offers the foll..

  Discuss the idea of a disruptive market innovation

Discuss the idea of a “disruptive” market innovation and strategy and provide examples. How can you provide leadership within an organization that can lead to product or go-to-market innovation? Please provide examples. Can a disruptive strategy work..

  Describe how a companys culture can influence its quality

500 words- all new content - 2 referencesthe ceo of your firm has heard from several of his peers in town that major

  Independent review board to objectively assess

You are the manager of a project which will require formal design reviews. a. What are key places, times, or events (in the life of the project) that would be good times to hold a design review and why? b. What items would you want an independent rev..

  How would the final selection decision be made

Based on these ratings from the supplier assessment, which supplier appears to be the best? Why? How would the final selection decision be made?

  Unethical decision or exhibited unethical behavior

Think back to a time when you had a supervisor or coworker who you believe made an unethical decision or exhibited unethical behavior. List at least two reasons why you think people are tempted to act unethically. Describe the most effective safe gua..

  Compare and contrast the different types of barriers

Compare and contrast the different types of barriers that might be used to protect openings in a floor at a production facility. What factors should an engineer take into account when designing one of these barriers? In your opinion

  Shelve new stock without interruption-what is the main idea

You manage the chemical stockroom at Enterprise Pharmaceuticals. Chemicals are purchased and stored centrally. Departments are billed for whatever they use. It is your job to tell employees that on the first of next month the weekday stockroom hours ..

  Expected change in operating income next year

Cordell, Inc. has an operating leverage of 3. Sales are expected to increase by 9% next year. What is the expected change in operating income next year?

  Illustrate what would you recommend which gabriela manufact

If expected demand for new miracle cleaner is 300,000 units, illustrate what would you recommend which Gabriela Manufacturing do.

  The Variable cost of a burger meal

The Variable cost of a burger meal is 50 cents; the revenue of a burger meal is $2.00. Your fixed costs are $200,000 a year. You also need to give 5% of your annual revenues to the franchisor annually for national advertising. You need to make 12% an..

  Finding the combination of mixed drinks

The bartender of your local pub has asked you to assist him in finding the combination of mixed drinks that will maximize his revenue. He has the following bottles available: Since he is new to the business, his knowledge is limited to the following ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd