Vell Inc. uses lean principles to reduce cycle time. Through production improvements theprocess time was reduced from 4.5 days to 2 days. Inspection time is 0.25 days. Strategicrearrangement of the production area reduced move time to 0.1 days. Wait time was 3 days,but due to improved scheduling and ordering has been reduced by 2.25 days. Total cycletime for Vell after the improvements is:Multiple Choice7.6 days.2.75 days5.35 daysO2.0 days3.1 days Challenges of using push production include all of the following except.Multiple ChoiceIncreased risk of obsolescence.More defects.Increased storage costs.Production occurs just-in-time.Stock-outs and lost sales.

a) Process time refers to time actually used to work on the product Move time refers to time…

Answered: Vell Inc. uses lean principles to…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Rick Wing has a repetitive manufacturing plant producing automobile steering wheels. Use the following data to prepare for a reduced lot size. The firm uses a work year of 300 days. Setup labor cost Annual holding cost Daily production (8 hours) Annual demand for steering wheels Desired lot size (2 hours of production) $60.00 per hour $11 per unit 880 units/day 36,000 (300 days x daily demand of 120 units) Q=220 units a) Setup cost = $ (round your response to two decimal places). b) Setup time = minutes (round your response to two decimal places).
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?
Rick Wing has a repetitive manufacturing plant producing automobile steering wheels. Use the following data to prepare for a reduced lot size. The firm uses a work year of 300 days. Setup labor cost Annual holding cost Daily production (8 hours) Annual demand for steering wheels Desired lot size (2 hours of production) $60.00 per hour $19 per unit 1,040 units/day 33,000 (300 days x daily demand of 110 units) Q = 260 units a) Setup cost = $ b) Setup time = (round your response to two decimal places). minutes (round your response to two decimal places).
In a lean system, work-in-process inventory is Question 34 options: eliminated entirely. reduced to reveal production problems, which can then be addressed. increased to prevent work stoppages due to production problems and smooth overall production. ignored because it has little effect on the availability of finished goods inventory.
Explain the concept of just-in-time inventory management and its relationship to the lean production concept.
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 $30 $120 per subassembly 20 subassemblies 4,500 (50 weeks x5 days each x daily usage of 18 subassemblies) 10 days Lead time: Safety stock 3 days' production Kanban container size = 150 units (round your response to the nearest whole number). Number of kanbans needed = 2 kanbans (round your response to the nearest whole number)
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 $120 per subassembly Daily production 25 subassemblies Annual usage 4,500 (50 weeks × 5 days each x daily usage of 18 subassemblies) 12 days Lead time Safety stock 4 days' production Kanban container size = units (round your response to the nearest whole number).
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).
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 $100 per subassembly Daily production 20 subassemblies Annual usage 2,500 (50 weeks×5 days each×daily usage of 10 subassemblies) Lead time 12 days Safety stock 2 days' production Kanban container size = (enter your response here )units (round your response to the nearest whole number).
Describe key leanimprovement tools.
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 $100 per subassembly 20 subassemblies 2,500 (50 weeks x 5 days each x daily usage of 10 subassemblies) 12 days 3 days' production Kanban container size = 55 units (round your response to the nearest whole number).
Annual demand is 3000 units. Lead time is 4/5 day. Safety stock is 4/3 day. Kanban size is 90 units. Find out no. of Kanban required

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