Compute the value of the policy variable, Operation Management

Assignment Help:

You are asked to analyze the kanban system of LeWin, a French manufacturer of gaming devices. One of the workstations feeding the assembly line produces part M670N. The daily demand for M670N is 1,800 units. The average processing time per unit is 0.003 day. LeWin is records show that the average container spends 1.05 days waiting at the feeder workstation. The container for M670N can hold 300 units. Twelve containers are authorized for the part. Recall that p- is the average processing time per container, not per individual part.

a. Find the value of the policy variable, a, that expresses the amount of implied safety stock in this system.

b. 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.


Related Discussions:- Compute the value of the policy variable

How understanding of consumer behaviour helped groupon grow, How has an und...

How has an understanding of consumer behaviour helped Groupon grow from 400 subscribers in Chicago in 2008 to 60 million subscribers in 40 countries today? What is the Groupon Prom

Simplex method , Q3. Solve the following Linear Programming Problem using S...

Q3. Solve the following Linear Programming Problem using Simple method. Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 4 X1+ X2 2 X1, X2 0

Layout of facilities, Layout of Facilities Layout refers to the arran...

Layout of Facilities Layout refers to the arrangement of facilities. A plant layout refers to the arrangement of machinery equipment and other industrial facilities such as r

Find market price of the bond, SWH Corporation issued bonds on January 1, 2...

SWH Corporation issued bonds on January 1, 2004. The bonds had a coupon rate of 4.5%, with interest paid semiannually. The face value of the bonds is $1,000 and the bonds mature on

Toyota Producttion assignment., Exercise 2: Use of a Grid Analysis (Weighte...

Exercise 2: Use of a Grid Analysis (Weighted Scoring Model) to Help Make the North American Plant Location Decision for the RX 330 This exercise illustrates how when deciding am

Explain what constitutes operations, What constitutes "operations" at (a) a...

What constitutes "operations" at (a) a bank, (b) a retail store, (c) a hospital, (d) a cable TV company

Transportation, I have a transportation problem which is given below: The ...

I have a transportation problem which is given below: The sunshine tomato soup shippers produce tomato soup at three west coast canneries in Bakersfield, phoenix, and Eugene. The

Explain the sdlc contains seven phases, The SDLC contains seven phases, whi...

The SDLC contains seven phases, which phase transforms the design into an actual system

Explain the working of employees in flexible organisations, Explain the wor...

Explain the working of employees in flexible organisations. Working of employees in flexible organisations: • Production workers may be needed to take on indirect tasks as l

Explain a way in which resistance to change can be reduced, According to di...

According to dictionary.com, the term change is defined as follows: -verb (used with object) 1. to make the form, nature, content, future course, etc., of (something) different

Write Your Message!

Captcha
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