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4. a) Minerva Motorcycle C0. uses kanbans to support its transmission assembly line. Determine the size of the Kanban needed for the mainshaft assembly and the number of kanbans needed based on the details provided. Set up cost: £20 Annual holding cost of mainshaft assembly: £250 per unit Daily production: 300 mainshafts Annual usage: 20,000 (50 weeks x 5 days x daily usage of 80 mainshafts) Lead time: 3 days Safety stock: % day's production

4. a) Minerva Motorcycle C0. uses kanbans to support its transmission assembly line. Determine the size of the Kanban needed for the mainshaft assembly and the number of kanbans needed based on the details provided. Set up cost: £20 Annual holding cost of mainshaft assembly: £250 per unit Daily production: 300 mainshafts Annual usage: 20,000 (50 weeks x 5 days x daily usage of 80 mainshafts) Lead time: 3 days Safety stock: % day's production

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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4. a) Minerva Motorcycle Co. uses kanbans to support its transmission assembly line. Determine the size of the Kanban needed for the mainshaft assembly and the number of kanbans needed based on the details provided. Set up cost: £20 Annual holding cost of mainshaft assembly: £250 per unit Daily production: 300 mainshafts Annual usage: 20,000 (50 weeks x 5 days x daily usage of 80 mainshafts) Lead time: 3 days Safety stock: 2 day's production
Transcribed Image Text:4. a) Minerva Motorcycle Co. uses kanbans to support its transmission assembly line. Determine the size of the Kanban needed for the mainshaft assembly and the number of kanbans needed based on the details provided. Set up cost: £20 Annual holding cost of mainshaft assembly: £250 per unit Daily production: 300 mainshafts Annual usage: 20,000 (50 weeks x 5 days x daily usage of 80 mainshafts) Lead time: 3 days Safety stock: 2 day's production
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