Question: The table below provides the parameters for a new current state value stream map for the family of retainers at the Jensen Bearings Inc. firm

The table below provides the parameters for a new current state value stream map for the family of retainers at the Jensen Bearings Inc. firm described in the chapter. This table depicts the value stream after Kline Steel agrees to accept daily orders for steel sheets and also agrees to deliver on a daily basis. Calculate each component of the new valuestream's reduced lead time. Jensen Bearings operates 5 days per week.LOADING...Click the icon to view the data from the new current state value stream map at Jensen Bearings Inc.Part 2a. How many days of raw material does theBearing's plant nowhold?The plant holds 11 days of raw material. (Enter your response rounded to one decimalplace.)Part 3b. How many days of work in process inventory is held between Press and Pierce& Form?The inventory is held 4.54.5 days. (Enter your response rounded to one decimalplace.)Part 4c. How many days of work in process inventory is held between Pierce& Form and FinishGrind?The inventory is held enter your response here days. (Enter your response rounded to one decimalplace.)

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!