Question: A manufacturer has been working to implement a just - in - time inventory system for its production line. The final product requires the installation
A manufacturer has been working to implement a justintime inventory system for its
production line. The final product requires the installation of a pneumatic tube at a particular
station.
Ideally, the tubes would arrive just as the operator needed them, but the company expects a
buildup of an average of tubes.
The supervisor does not want the inventory variance of tubes to be greater than
On a given day, the buildup at the workstation is determined at eight different times, and the
following values are recorded:
What would be the appropriate decision considering
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