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Explain and show work 3. A two-workstation cell uses a kanban system to produce 200,000 parts per year. Expected leadtime to replenish a container is

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3. A two-workstation cell uses a kanban system to produce 200,000 parts per year. Expected leadtime to replenish a container is 0.5 hours (i.e. 30 minutes) Parts cost $50 and have an inventory opportunity cost of 20%. There are three material handling options available: Manual - annual fixed cost of $25,000, cost per trip $0.12, Max load size 2; Push Cart annual fixed cost of $25,000+$5,000 initial investment (amortized over 5 years), cost per trip = $0.15, Max load size-20, and Forklift- annual fixed cost of $25,000 $80,000 initial investment (amortized over 8 years), cost per trip = $0.50, Max load size-500 Note: The company uses a MARR of 15% for all investments

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