A. Create an excel file. (Show all formulas in one screen shot and the results as another screenshot.) B. Use the Data Points and formula below. C. Figure out how much inventory to put in the Kanban's to support a manufacturing production line that uses mostly hardware

A. Create an excel file. (Show all formulas in one screen shot and the results as another screenshot.) B. Use the Data Points and formula below. C. Figure out how much inventory to put in the Kanban's to support a manufacturing production line that uses mostly hardware

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Question

Follow the directions in the attachements.

Step 1.
DATA POINTS
EXAMPLE FORMULA
Step 2.
d =Average Demand Per Unit of Time
L = Lead time
S = Satery Stock
C = Container Size
N
=
dL+ S
с
29.7 +2.97
6
=
Formula
N
5.44
=
90
0.33
90x0.33 x0.10
6
(90 x 0.33)+ (90 x 0.33 × 0.10)
X
6

Question 1:
A. Create an excel file. (Show all formulas in one screen shot and the results as another
screenshot.)
B. Use the Data Points and formula below.
C. Figure out how much inventory to put in the Kanban's to support a manufacturing
production line that uses mostly hardware
Scenario
Marcus works as an operator at Health
First, a supplement manufacturer. He is
asked to process an average of 90 bot-
tles an hour through his workstation. One
kanban is attached to each container, a
container holds six bottles, and it takes 20
minutes to receive new bottles from the
upstream workstation. The safety stock
level is set at 10%. How many kanbans are
required for the bottling process?
Accessibility: Investigate
Focus

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