Carol Cagle has a repetitive manufacturing plant producing trailer hitches in Arlington, Texas. The plant has an averageinventory turnover of only 12 times per year. He has therefore determined that he will reduce his component lot sizes.He has developed the following data for one component, the safety chain clip:Setup labor costAnnual holding costDaily productionAnnual demandDesired lot size$20 per hour$15 per unit960 units/8 hour day39,600 (275 days each daily demand of 144 units)120 units (one hour of production)To obtain the desired lot size, the set-up time that should be achieved = 2.32 minutes (round your response to twodecimal places).

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Answered: Carol Cagle has a repetitive…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

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Carol Cagle bas a repetitive manufacturing plantproducing trailer bitches in Arlington, Texas. The plant has anaverage inventory tu rnover of only 12 times per year. She hastherefore determined that she will reduce her component lotsizes. She has developed the following data for one component,the safety chain clip:Annual demand = 31,200 unitsDaily demand = 120 unitsDaily production (in 8 hours) = 960 unitsDesired lot size (I hour of production) = 120 unitsHolding cost per unit per year = $12Setup labor cost per hour = $20How many minutes of setup time should she have her plant manageraim for regarding this component?
Carol Cagle has a repetitive manufacturing plant pro-ducing trailer hitches in Arlington, Texas. The plant has an average inventory turnover of only 12 times per year. She has therefore deter-mined that she will reduce her component lot sizes. She has devel-oped the following data for one component, the safety chain clip: Annual demand = 31,200 unitsDaily demand = 120 unitsDaily production (in 8 hours) = 960 unitsDesired lot size (1 hour of production) = 120 unitsHolding cost per unit per year = $12Setup labor cost per hour = $20 How many minutes of setup time should she have her plant man-ager aim for regarding this component?
Conhugeco is deciding between three levels of automation for the work cell that produces a key component. The Amazing Criswell, the company forecaster, believes that there could be three levels of demand for the products produced in this work cell and has developed this table of probable annual maintenance costs for company executives. Low Demand Medium Demand High Demand No Automation 125 85 105 Robotics 110 120 130 CAD/CAM 190 160 50 FMS 140 160 120 What is the best decision if Conhugeco company executives use a minimax regret approach to this decision? a. Robotics b. FMS c. CAD/CAM d. No Automation
A supplier provides parts to a manufacturing company that demands frequent deliveries. At the present time it takes six hours to make a round trip between the supplier’s warehouse and the customer, including loading, travel, and unloading time. The lot size is 12 pallet loads on a truck, and the manufacturer uses 2 pallets per hour.a. How many trucks are needed to ship the pallets to the manufacturer?b. What is likely to happen if the truck breaks down?c. How can the supplier ensure that the customer does not run out of parts even in the face of delivery problems or other uncertainties?d. What will happen to the supplier if the manufacturer runs into trouble and shuts down for a period of six hours?
PPQ: Silvercrest Manufacturing Ltd. is using Kanban containers. There are two adjacent work centres, a downstream (using) and an upstream (producing) one. The using work centre has a production rate of 200 parts per day and each container holds 21 parts. It takes 0.5 days for a container to make the entire cycle from the time it leaves the upstream centre until it is returned, filled with production, and leaves again. The manager wants a risk factor of 20%.i. What is the maximum inventory of parts in the system? (10 marks)ii. If the company wants the number of containers (holding 21 parts each) to be 5, what must the risk factor become?
Pauline Found Manufacturing, Inc., is moving to kanbans to support its telephone switching-board assembly lines. Determine the size of the kanban for subassemblies and the number of kanbans needed. Setup cost $30 Annual holding cost $125 per subassembly Daily production 30 subassemblies Annual usage 3,000 (50 weeks×5 days each×daily usage of 12 subassemblies) Lead time 12 days Safety stock 4 days' production Part 2 Kanban container size = enter your response here units (round your response to the nearest whole number).
What happens to availability when the MTTR (mean time between failures) decreases to zero? Is there a way to convey this circumstance correctly?
Pauline Found Manufacturing, Inc., is moving to kanbans to support its telephone switching-board assembly lines. Determine the size of the kanban for subassemblies and the number of kanbans needed. Setup cost Annual holding cost Daily production Annual usage Lead time Safety stock $30 $125 per subassembly 30 subassemblies 4,000 (50 weeks x5 days each daily usage of 16 subassemblies) 10 days 4 days' production Kanban container size = 4608 units (round your response to the nearest whole number).
Flores Manufacturing, Inc., is moving to kanbans to support its electronic-board assembly lines. Determine the size of the kanban for subassemblies and the number of kanbans needed. Setup cost $16 Annual holding cost subassembly $250 per subassembly 600 subassemblies Daily production Annual usage 62,500 (-50 weeks x5 days each x daily usage of 250 subassemblies) Lead time Safety stock The kanban size is (round your response to the nearest whole number). 2 days 1 day's production of subassemblies
Pauline Found Manufacturing, Inc., is moving to kanbans to support its telephone switching-board assembly lines. Determine the size of the kanban for subassemblies and the number of kanbans needed. Setup cost Annual holding cost Daily production Annual usage Lead time Safety stock $30 $125 per subassembly 20 subassemblies 3,000 (50 weeks x5 days each x daily usage of 12 subassemblies) 12 days 3 days' production Kanban container size = units (round your response to the nearest whole number).
A production cell at Canderberry Candle facility operates5 hours per day and uses a pull method to supply wicks to theassembly line. Th e wicks are used at a rate of 300 per day. Eachcontainer holds 20 wicks and usually waits 20 minutes in theproduction cell. Management wants a safety stock of 10 percent.How many containers should be used at the Canderberry Candlefacility for purposes of pull production?
Rick Wing has a repetitive manufacturing plant producing automobile steering wheels. Use the following data to pre-pare for a reduced lot size. The firm uses a work year of 305 days. Annual demand for steering wheels 30,500Daily demand 100Daily production (8 hours) 800Desired lot size (2 hours of production) 200Holding cost per unit per year $10 a) What is the setup cost, based on the desired lot size?b) What is the setup time, based on $40 per hour setup labor?

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