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The Jewel Golf Club Company is going to start using a kanban system. They will put the parts needed to make clubs in containers, and
The Jewel Golf Club Company is going to start using a kanban system. They will put the parts needed to make clubs in containers, and the containers will go into the production system. They need to meet a daily demand of 4500 golf clubs. They have 26 containers, and each container holds parts for 55 clubs. Average waiting time of a container of parts during production is 5.4% of one day, and average processing time of one container is 23.6% of one day. Based on the information above, what is the safety stock percentage that Jewel will maintain? Jewel will maintain a safety stock of % (round your answer to two decimal places)
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