Carol Cagle has a repetitive manufacturing plant producing trailer hitches in Arlington, Texas. The plant has an averageinventory turnover of only 12 times per year. He has therefore determined that he will reduce his component lot sizes.He has developed the following data for one component, the safety chain clip:Setup labor costAnnual holding costDaily productionAnnual demandDesired lot size$20 per hour$15 per unit960 units/8 hour day39,600 (275 days each daily demand of 144 units)120 units (one hour of production)To obtain the desired lot size, the set-up time that should be achieved = 2.32 minutes (round your response to twodecimal places).

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Answered: Carol Cagle has a repetitive…

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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Carol Cagle has a repetitive manufacturing plant producing trailer hitches in Arlington, Texas. The plant has an average inventory turnover of only 12 times per year. He has therefore determined that he will reduce his component lot sizes. He has developed the following data for one component, the safety chain clip: Setup labor cost $20 per hour Annual holding cost $13 per unit Daily production 992 units/8 hour day Annual demand 25,300 (275 days each×daily demand of 92 units) Desired lot size 124 units (one hour of production) To obtain the desired lot size, the set-up time that should be achieved =minutes (round your response to two decimal places).
Each breakdown of a graphic plotter table atAirbus Industries costs $50. Find the expected daily breakdown cost, given the following data:
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?
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?
The Worthington Gear Company installed a bank of 10 robots about three years ago. The robots greatly in-creased the firm’s labor productivity, but recently attention has focused on maintenance. The firm does no pre-ventive maintenance on the robots because of the variability in the breakdown distribution. Each machine hasan exponential breakdown (or interarrival) distribution with an average time between failures of 200 hours. Eachmachine hour lost to downtime costs $30, which means that the firm has to react quickly to machine failure.The firm employs one maintenance person, who needs 10 hours on average to fix a robot. Actual maintenancetimes are exponentially distributed. The wage rate is $10 per hour for the maintenance person, who can be putto work productively elsewhere when not fixing robots. Determine the daily cost of labor and robot downtime.
The demand for screens for a computer manufacturer is 10,000 per week. The lead time is 5 days, and this manufacturer wants to hold 2 days of safety stock. If the container size of computers is 200, what is the Kanban number? If the lead time improves to 4 days, what is the Kanban number? If the lead time moves out to 6 days and the manufacturer wants 3 days of safety stock, what is the Kanban number?
A toy manufacturing uses 51030 rubber wheels per year for its popular dump truck series. The firm makes its own wheels, which it can can produce at a rate of 800 per day. The toy trucks are assembled uniformly ( at a constant rate ) over the entire year. Carrying cost is $ 1.50 per wheel per year. setup cost for the production run of the wheel is $ 47. The firm operatyes 243 days per year. Determine each of the following: a-Optimal run size b-Use your final answer from part a- to determine minimum total annual cost for carrying and setup c-Cycle time for the optimal run size d-Run time
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 Toyota Production System identified which of the following types of waste to be eliminated?A. Excess quality B. Motion C. Excess capacity D. Underproduction E. Excess demand
Carol Cagle has a repetitive manufacturing plant producing trailer hitches in Arlington, Texas. The plant has an average inventory turnover of only 12 times per year. He has therefore determined that he will reduce his component lot sizes. He has developed the following data for one component, the safety chain clip: Setup labor cost $25 per hour Annual holding cost $12 per unit Daily production 960 units/8 hour day Annual demand 45,360 (270 days each×daily demand of 168 units) Desired lot size 120 units (one hour of production) Part 2 To obtain the desired lot size, the set-up time that should be achieved = enter your response here minutes (round your response to two decimal places).
Krupp Refrigeration, Inc., is trying to reduce inventory and wants you to install a kanban system for compressors on one of itsassembly lines. Determine the size of the kanban and the number of kanbans (containers) needed.Setup cost = $10Annual holding cost per compressor = $100Daily production = 200 compressorsAnnual usage = 25,000 (50 weeks * 5 days each * daily usage of 100 compressors)Lead time = 3 daysSafety stock = 1 2 day’s production of compressors
An item has constant failure rate = 0.0005 per hour. When the item fails, it is repaired to an “as good as new” condition. The associated mean downtime is 6 hours. The item is supposed to be in continuous operation. (a) Find the average availability of the item. (b) How many hours per year will the item on average be out of operation?

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