Reduce Setup Time Hammond Inc. has analyzed the setup time on its computer controlled lathe. The setup requires changing the type of fixture that holds a part. The average setup time has been 135 minutes, consisting or the following steps: Turn off machine and remove fixture from fathe 10 minutes Go to tool room with Mature Record replacement of ixture to tool room Return to lathe Clean the IS 18 20 15 20 15 Return to tool room Record withdrawal of new fature from tool room 12 Return to the Install new foxture and turn on machine 10 Total setup time 135 minutes 2. Why should management be concerned about improving setup time? Along setup will result in a large production Datch, which increases work in process inventory and increases Large work in process inventory commits working capital that could be used for other purposes Long lead times decrease ability to respond to changes in customer demand b. Which of the following are the ways to improve Hammond Incs setup time? limit the thing to the toomtn one rundt trinther than - od time the company Next Check My Work Return to lathe 15 Install new foxture and turn on machine 10 Total setup time 135 minutes 2. Why should management be concerned about improving setup time? Along setup will result in a large V production batch, which increases work in process inventory and increases load time Large work in process inventory commits working capital that could be used for other purposes. Long lead times decrease the company's ability to respond to changes in customer demand. b. Which of the following are the ways to improve Hammond Inc.'s setup time? a. limit the trips to the tool room to one round trip, rather than two b. change the location of the fixtures to reduce lathe setup time. celiminate the tool room and instead locate the tools in a visible location near the lathe. d. change the entire lathe room layout, so that fewer steps are required to turn the lathe on and off, as well as clean the lathe and change mixtures for the lothe e. All of these are ways to improve setup time. How much time would be required for a setup, using your suggestion in () minutes WWW 3. Review the relationshio of batch se toetus effortscent reparing an operation on brocess for production run Check: My Work Next