Question: According to JIT, buffer sizes should be as small as possible. But, with a learning effect in production larger lot sizes are more efficient which

According to JIT, buffer sizes should be as small as possible. But, with a learning effect in production larger lot sizes are more efficient which causes larger buffer sizes. Explain why larger lot sizes are more efficient.

(2

pts

)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

\f3nd Lecture What's cause production performance go south? VARIABILITY ASSESSMENT & ITS IMPACT 1 Books for this class 2 From previous lecture We learn about a method to evaluate the production...

Module 9 Assignment: TOC Answer all the questions and submit your answer report to Module 9 Assignment in Dropbox by the deadline . The report should be typed, single spaced, in one MS Word file. You...

Lecture Notes DL MGT 5100 - Distribution Management Spring 2017 1.0. Day one, Monday, Monday, 9 Jan 17 1.1. Reading Assignments: Chapters 1 and 2 1.1.1. I intend to follow the book so as to provide a...

effective status reports used in project management. b) Discuss challenges and pitfalls for each of the projectstatus reports. c) Explain the difference between the projectstatusreports provided for...

8 - Quantity and Inventory Read the chapter below and Write a short summary to describe forecasting methods and explain why is it important for the supply chain management. NOTE: Content must be a...

The discussion will focus on management decision-making and control in two companies, American corporation Amazon.com, Inc. and Chinese company Alibaba Group Holding Limited. Decision-making and...

Due Sunday, 11/20: Problems from Zimmerman text: 2-11, 2-44, Case 2-3, 7-7, and 7-20 Chapter Two The Nature of Costs Chapter Outline A. Opportunity Costs 1. Characteristics of Opportunity Costs 2....

Spend analysis Stock-keeping unit (SKU) 10 Three-way match Utilization ty Images; @ monsity/ Getty Images Vendor master health care? iency? CHAPTER 17 applied, and what are the steps to fol-...

An investor has entered into a forward contract of gold. He has taken a long position. Each contract has 100 ounces. He entered the position at 875.6 dollars per ounce. The initial margin requirement...

1. Let S = {4, 1,3, o, e} and let X(A) = 4, X(1) = 0, X(3) = 3, X(o) = 4, and X(e) = 0. Find the following events: a) {X = -4} b) {X = 0} c) {X 3} d) {X 4} e) {X > 4}

Isla works out 50.46 1.2. This is what she writes. a Explain the mistake that Isla has made. b Write the correct answer. 50.46x10 504.6 1.2x10 12 4 2 5 12 5 0 24 660 So, 50.46 1.242.5

The annual demand for an item is 1,700 units. The order cost is $7. Unit cost is $8 and the unit holding cost per year is 18% of the item's value. The order quantity is 125 units. What are the total...