How can SMED be applied to the activities

Assignment Help Accounting Basics
Reference no: EM132608572

As discussed in the setup reduction section of the chapter, SMED is a powerful process for reducing setup times, often from hours to minutes or minutes to seconds. The following are key SMED principles:

1. Categorize activities in the current setup process as internal or external. Internal activities are performed when the process is stopped. External activities are carried out when the process is still operating (preparing to process batch B when batch A is still being processed; preparing to serve customer B while customer A is still being served).

2. Convert as many activities as possible from internal to external.

3. Reduce the time required for the remaining internal activities. Pit crews in auto racing are often used as an example of fast changeovers. Numerous organizations such as hospitals and railroads have studied NASCAR pit crews in order to better understand how they can apply lean principles to their own operations. Operations that must be performed during a pit stop are changing tires and refueling (using 12-gallon gas cans).

Question a: On the basis of what you know about these operations from your own driving, how can SMED be applied to these activities? What other JIT principles can be applied?

Reference no: EM132608572

Questions Cloud

Describe the websites or multimedia resources : Describe the websites, applications, or multimedia resources. Describe how health care providers use these resources to enhance their products and services.
What can use process flowcharts for in companies : What benefits can we receive from simulations and modeling? What can we use process flowcharts for in companies? Explain with an Example
Calculate the partnership net income : Calculate the s90 Partnership Net Income (PNI) and complete partnership schedule showing the overall distribution to each of the partners
Explain the term analytical characterization : Explain the term "Analytical Characterization" and how it used on Data Mining?
How can SMED be applied to the activities : What you know about these operations from your own driving, how can SMED be applied to these activities? What other JIT principles can be applied?
Determine the profit or loss earned by the business : Determine the profit/loss earned by the business in each of the following two years: 1) year ended 30 June 2019 2) year ended 30 June 2018
Intellectual property laws and security measures : Intellectual property law is issue facing organizations and many organizations have been fined significant amounts for violations of intellectual property law.
Evaluate the primary ethical standards of the accounting : Evaluate the primary ethical standards of the accounting organization's leadership and values that contributed to approval of the accounting issues
Create a scatter diagram : Create a scatter diagram of Y = ‘Annual % ROI' against X = ‘Cost'. Include the trendline and the coefficient of determination right on the graph.

Reviews

Write a Review

 

Accounting Basics Questions & Answers

  Relationship between smiling and happiness

Your research can contribute to theory on the relationship between smiling and happiness by addressing a) or b). Addressing c) is a completely different matter. c) involves identifying constructs that also cause happiness.

  Complete the worksheet by extending amounts reported

Complete the worksheet by extending amounts reported in the adjusted trial balance to the appropriate columns in the worksheet.

  Hat is the initial cost of the copper mine

The company's credit-adjusted, risk-free rate of interest is 5%, and its fiscal year ends on December 31. hat is the initial cost of the copper mine

  Bella company is considering purchasing new equipment for

bella company is considering purchasing new equipment for 408414. it is expected that the equipment will produce net

  How much are the carrying amounts of the interest receivable

On January 1, 20x1, ABC Co. acquired 10%, $100,000 bonds for $94738. How much are the carrying amounts of the interest receivable on December

  Discuss the concept of a progressive tax system

Does the concept of a progressive (and fair) tax system become undermined by the ability to tweak the Tax Code to suit Congress' purposes in terms of driving.

  Robert johnson contributed equipment inventory and 42000

robert johnson contributed equipment inventory and 42000 cash to the partnership. the equipment had a book value of

  Crockett company had a beginning work in process inventory

crockett company had a beginning work in process inventory balance of 33067. during the year 77000 of direct materials

  What is the minimum selling price that polaski could charge

What is the minimum selling price that Polaski could charge for the special order units without decreasing the company's overall profits

  What is the balance in the investment account

Charlie Co. owns 30% of the voting common stock of Turf Services Inc. What is the balance in the investment account as of December 31, 2011

  Entries for cash dividends

The declaration, record, and payment dates in connection with a cash dividend

  Find out the cost of head lamps that would appear in each

runcke motor company manufactures automobiles. during september 2011 the company purchased 5000 head lamps at a cost of

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd