Question: 1. A single workstation cell uses a kanban system to produce 500,000 parts per year. Expected lead time to replenish a container is 0.002 years

1. A single workstation cell uses a kanban system

1. A single workstation cell uses a kanban system to produce 500,000 parts per year. Expected lead time to replenish a container is 0.002 years (i.e. 30 minutes). Inventory holding cost is $20/year/part and a 10% safety factor is desired for the inventory level. There are two material handling options available: Material Handling Equipment Annualized Fixed Cost Variable Operating Cost per Trip Max Load Size Manual $20,000 $0.12 4 Forklift $30,000 $1.00 400 a) Specify the following system design parameters: container size, material handling type, and annual cost that minimizes the total annual material handling cost. b) Determine the # of kanban cards required for this operation 1. A single workstation cell uses a kanban system to produce 500,000 parts per year. Expected lead time to replenish a container is 0.002 years (i.e. 30 minutes). Inventory holding cost is $20/year/part and a 10% safety factor is desired for the inventory level. There are two material handling options available: Material Handling Equipment Annualized Fixed Cost Variable Operating Cost per Trip Max Load Size Manual $20,000 $0.12 4 Forklift $30,000 $1.00 400 a) Specify the following system design parameters: container size, material handling type, and annual cost that minimizes the total annual material handling cost. b) Determine the # of kanban cards required for this operation

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