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You have been hired by a company that produces baby toys. You need to analyze the implementation of a kanban system in the assembly area.
You have been hired by a company that produces baby toys. You need to analyze the implementation of a kanban system in the assembly area. The daily demand is 18,000 units and the average assembly time is 3 min per unit. Once the toys are assembled, they are consolidated in a batch of 150 units and have to wait in the transfer area for 1.5 days. As a policy, ten containers can be held for this area. 1. Find the value of the policy variable, a, that expresses the amount of implied safety stock in this system. 2. Use the implied value of a from part a to determine the required reduction in waiting time if one container was removed. Assume that all other parameters remain constant. You have been hired by a company that produces baby toys. You need to analyze the implementation of a kanban system in the assembly area. The daily demand is 18,000 units and the average assembly time is 3 min per unit. Once the toys are assembled, they are consolidated in a batch of 150 units and have to wait in the transfer area for 1.5 days. As a policy, ten containers can be held for this area. 1. Find the value of the policy variable, a, that expresses the amount of implied safety stock in this system. 2. Use the implied value of a from part a to determine the required reduction in waiting time if one container was removed. Assume that all other parameters remain constant
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