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- In a large microelectronics plant, the assembly cell for circuitboards has a demand for 200 units an hour. Two feeder cellssupply parts A and B to the assembly cell (one A and one Bfor each board). Standard containers that look like dividedtrays are used. A container will hold 20 As or 10 Bs. It takes10 minutes to fill up a container with As and 20 minutes tofill up a container with Bs. Transit time to the assembly cell is5 minutes for both A and B. No safety factor is used. Set up akanban control system for the assembly process.3) A mgr. must set up an invty system for two (2) new production items, P34 & P35. P34 can be ordered at any time, but P35 can only be ordered once every 4 weeks. The co. operates 50 weeks a year and the weekly usage rates for both items are normally distributed. The mgr. has gathered the following information about the items: Item P34 Item P35 Average wkly demand Standard deviation 60 units 70 units 4 units per wk $15 5 units per wk $20 Unit cost Annual Holding cost 40% 40% Ordering cost Lead time $70 $30 2 weeks 2 weeks Acceptable stockout risk 5% 5% a) When should the manager reorder each item? b) Compute the order quantity for P34 c) Compute the reorder point for P35 if 110 units are on hand at the time the order is placed.Jitsmart is a retailer of plastic action-figure toys. The actionfigures are purchased from Tacky Toys, Inc., and arrive inboxes of 48. Full boxes are stored on high shelves out of reachof customers. A small inventory is maintained on child-levelshelves. Depletion of the lower-shelf inventory signals theneed to take down a box of action figures to replenish theinventory. A reorder card is then removed from the box andsent to Tacky Toys to authorize replenishment of a containerof action figures. The average demand rate for a popular ac-tion figure, Agent 99, is 36 units per day. The total lead time(waiting plus processing) is 11 days. Jitsmart’s safety stockypolicy variable, a, is 0.25. What is the authorized stock levelfor Jitsmart?
- Carol Cagle bas a repetitive manufacturing plantproducing trailer bitches in Arlington, Texas. The plant has anaverage inventory tu rnover of only 12 times per year. She hastherefore determined that she will reduce her component lotsizes. She has developed the following data for one component,the safety chain clip:Annual demand = 31,200 unitsDaily demand = 120 unitsDaily production (in 8 hours) = 960 unitsDesired lot size (I hour of production) = 120 unitsHolding cost per unit per year = $12Setup labor cost per hour = $20How many minutes of setup time should she have her plant manageraim for regarding this component?The following data pertains to Slide Corp.’s: (use 360 days/year) Slide Corp.’s payment to suppliers Slide Corp.’s collection from customers Processing Delay 4 days Processing Delay 2 days Clearing Delay 1 day Clearing Delay 24 hours Mail time 1 week Mail time 4 days Slide Corp.’s daily collection average P1,800 while average daily payment is P2,700. How much is the average daily disbursement float? How much is the average daily collection float? How much is the net float? If the cash can be readily invested in instrument earning 6%, how much is the daily cost of collection float?For two new output products, the manager must set up inventory purchasing systems, P34 and P35. P34 can be ordered at any moment, but only once every four weeks can P35 be ordered. The corporation runs 50 weeks a year and the weekly utilisation rates are usually allocated on both pieces. The manager has collected the following documents. Point P34 Point P35 Average weekly request 60 units Seventy units Deviation from norm Four units a week Five units a week $15 $20 per unit. The expense of annual keeping is 30% 30% of the Price $70 to order $30 30 2 weeks lead period 2 weeks Acceptable stockout chance 2.5% 2.5% A. When can each object be reordered by the manager?
- Carol Cagle has a repetitive manufacturing plant pro-ducing trailer hitches in Arlington, Texas. The plant has an average inventory turnover of only 12 times per year. She has therefore deter-mined that she will reduce her component lot sizes. She has devel-oped the following data for one component, the safety chain clip: Annual demand = 31,200 unitsDaily demand = 120 unitsDaily production (in 8 hours) = 960 unitsDesired lot size (1 hour of production) = 120 unitsHolding cost per unit per year = $12Setup labor cost per hour = $20 How many minutes of setup time should she have her plant man-ager aim for regarding this component?Jitsmart is a retailer of plastic action-figure toys. The action figures are purchased from Tacky Toys, Inc., and arrive in boxes of 48. Full boxes are stored on high shelves out of reach of customers. A small inventory is maintained on child-level shelves. Depletion of the lower-shelf inventory signals the need to take down a box of action figures to replenish the inventory. A reorder card is then removed from the box and sent to Tacky Toys to authorize replenishment of a container of action figures. The average demand rate for a popular action figure, Agent 99, is 36 units per day. The total lead time (waiting plus processing) is 11 days. Jitsmart’s safety stocky policy variable, a, is 0.25. What is the authorized stock levelfor Jitsmart?Jitsmsmart is a retailer of plastic action-figure toys. The action figures are purchased from Tacky Toys, Inc. and arrive in boxes of 48. Full boxes are stored on high shelves out of reach of customers. A small inventory is maintained on child-levels shelves. Depletion of the lower-shelf inventory signals the need to take down a box of action figures to replenish the inventory. A reorder card is then removed from the box and sent to Tacky Toys to authorize the replenishment of a container of action figures. The average demand rate for popular action figure, Agent 99, is 36 units per day. The total lead time (waiting plus processing) is 11 days. Jitsmart's safety stocky policy variables 0.25. What is the authorized stock level for Jitsmart?
- XYZ has developed the following data from its Material ASafety stock280Average (normally) daily use200Maximum daily use240Minimum daily use180EOQ1,000Cost of placing an orderP20Working days per year250 daysLead time6 days What is the normal maximum inventory?Jitsmart is a retailer of plastic action-figure toys. The action figures are purchased from Tacky Toys, Inc., and arrive in boxes of 20. Full boxes are stored on high shelves out of reach of customers. A small inventory is maintained on child-level shelves. Depletion of the lower-shelf inventory signals the need to take down a box of action figures to replenish the inventory. A reorder card is then removed from the box and sent to Tacky Toys to authorize replenishment of a container of action figures. The average demand rate for a popular action figure, Agent 99, is 18 units per day. The total lead time (waiting plus processing) is 2 days. Jitsmart's safety stocky policy variable, a, is 0.05. What is the authorized stock level for Jitsmart? units. (Enter your response rounded to the nearest whole number.)A production cell at Canderberry Candle facility operates5 hours per day and uses a pull method to supply wicks to theassembly line. Th e wicks are used at a rate of 300 per day. Eachcontainer holds 20 wicks and usually waits 20 minutes in theproduction cell. Management wants a safety stock of 10 percent.How many containers should be used at the Canderberry Candlefacility for purposes of pull production?
