Pauline Found Manufacturing, Inc., is moving to kanbans to support its telephone switching-board assembly lines. Determine the size of the kanban for subassemblies and the number of kanbans needed. Setup cost $30 Annual holding cost $100 per subassembly Daily production 25 subassemblies Annual usage 4 comma 500 (50 weekstimes5 days eachtimesdaily usage of 18 subassemblies) Lead time 16 days Safety stock 2 days' production Kanban container size = 98 units (round your response to the nearest whole number). Number of kanbans needed = 3 kanbans (round your response to the nearest whole number).

Container size = 52

Number of kanbans required ≈ 7 kanbans

Explanation:

Given the data in the question, to find the Kanban container size, we calculate the economic order quantity (EOQ) using the formula below :

Where

Annual usage A = 4500

Setup cost S = $30

Annual holding cost H = $100

Container size = √{(2×4500×30)÷100}  = √2700 = 51.96 ≈ 52

Container size = 52

Number of Kanbans required = (demand during lead time + safety stock) / container size

Where:

Demand during lead time = lead time (16) * daily usage (18)

Demand during lead time = 16*18 = 288

Safety stock = 2 days production, where daily production is 25 subassemblies.

Safety stock = 2*25 = 50 units

Container size = 52 units

Imputing the data into the equation, we obtain :

Number of kanbans required = (288 + 50)/52 = 338/50 = 6.5

Number of kanbans required ≈ 7 kanbans

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know