Question: QUESTION: How do manufacturers determine the total WIP using a value stream map? WIP is determined by: POSSIBLE ANSWERS: Dividing the number of work days

QUESTION:
How do manufacturers determine the total WIP using a value stream map? WIP is determined by:
POSSIBLE ANSWERS:
Dividing the number of work days by the number of work orders.
Adding all of the days on the timeline at the bottom of the map.
Subtracting all the inventory locations and multiplying by parts per hour.
Multiplying parts per hour by the facility's total capacity.
QUESTION: How do manufacturers determine the total WIP using a value

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!

Q:

A rectangular plate of length L and width W is insulated on sides x= L and y= W. The plate is heated with variable flux along x= 0. The fourth side is at temperature 7j. Determine the steady state...

Q:

Page of 5 ZOOM 1 CASE: The Case of the Pencil Pushing Process (A): Drawing a Current State Value Stream Map Columbus Writing Instruments (CWI) produces and sells a variety of writing instruments to...

Q:

3 Implementing LEAN Operations at Caesars Casinos In December 2014, Brad Hirsch stood on the gaming floor of the Harrah's Metropolis Casino and Hotel in Metropolis, Illinois. Hirsch had assumed the...

Q:

Hi I need help with the attached question in accounting. Thanks. Please answer a and b below: Waterways Corporation is a private corporation formed for the purpose of providing the products and the...

Q:

1. INTRODUCTION a fundamental challenge that companies are facing today to become global competitors is that of devising and implementing strategies aimed at satisfying customers who require better...

Q:

X The Case of the Pencil Pushin... : CASE: The Case of the Pencil Pushing Process (A): Drawing a Current State Value Stream Map Columbus Writing Instruments (CWI) produces and sells a variety of...

Q:

1) What is the project in Tunica and what management was expected to achieve? 2) Who were the stakeholders in Tunica? 3) What were they expected to achieve at Kaizen events in terms of implementing...

Q:

Help - The question is below - It states "And now, it is your turn to ...... The question is on the page below RESEARCH & INNOVATION + OPERATIONS L'OREAL 3 Lean Methods to See the Waste 63 62 R....

Q:

QUESTION no 1 I have already wrote finish the VSM. I need you to help me finalize the VSM and help in analysis. 1. Abstract The problem identified at the start of this analysis is the difficulty in...

Q:

(please it doesn't matter if it's takes more than a 2 to 5days before you answer it.) Improving Accounts Payable at Hilliard Manufacturing Introduction Abigail Jackson, Manager of Disbursements at...

Q:

Improving Accounts Payable at Hilliard Manufacturing Introduction Abigail Jackson, Manager of Disbursements at Hilliard Manufacturing thought to herself Just a few more days until the Kaizen event...

Q:

Vertical analysis, also called common size analysis, is a technique that expresses each item in a financial statement as a percentage of a total (base) amount within the same financial statement. The...

Q:

A researcher was interested in whether job satisfaction is related to commuting time to work. He interviewed 185 employees of a particular company concerning their commuting time (X) and their job...

Q:

Josh Damon sells industrial - sized heating and cooling systems. His territory includes Illinois, lowa, and Missouri. Management at Damon's firm has decided to increase the number of territories in...

Q:

Bond X is noncallable and has 20 years to maturity, a 9% annual coupon, and a $1,000 par value. Your required return on Bond X is 12%; if you buy it, you plan to hold it for 5 years. You (and the...