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A manufacturer of thermostats uses a kanban system to control the flow of materials. The packaging center processes 10 thermostats an hour and receives completed thermostats every 30 minutes. Containers hold 5 thermostats each.
(a) How many kanbans are needed for the packaging center?
(b) If management decides to keep two thermostats as safety stock, how many kanbans will be needed?
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Use your own words rather than a text or dictionary definition. Include a business or managerial example to show your understanding of each term.
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ome evidence suggests that there is a direct and positive relationship between a firm's size and its top-level managers' compensation. Explain what inducement you think that relationship provides to upper-level executives.
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