Kinds of waste (muda) are the following: Multiple Choice Motion, Waiting, Transportation, Benchmarking Motion, Waiting, Transportation, Storage Option a and Option b Defects, Processing, Overproduction A different answer (not contained in the options) Option c and Option d Storage, Defects, Processing, Kaizen
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KAIZEN & MUDA
Kinds of waste (muda) are the following:
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- Glen Evans is an emergency medical technician for alocal rescue team and is routinely called on to renderemergency care to citizens facing crisis situations. AlthoughGlen has received extensive training, he also relies heavilyon his equipment for support. During a normal call, Glenuses five essential pieces of equipment, whose individualreliabilities are 0.98, 0.97, 0.95, 0.96, and 0.99, respectively.a. Glen claims his equipment has maximum probability offailure of 5%. Is he correct? b. What individual equipment reliabilities would guaran-tee an overall reliability of 96%?Basil's Framing manufactures picture frames in one workshop, which has a practical capacity of 40,000 frames. The variable cost of a frame is $24 per unit, and the fixed costs of the workshop are $392,000 annually. Current annual demand is 28,000 frames. Basil's Framing bought the current workshop because of forecasts that demand for the frames would grow. Required: a. What cost per frame should the cost system report to facilitate management decision making?The AW amounts of three revenue alternatives are $−23,000 for alternative A, $−21,600 for B, and $−27,300 for C. On the basis of these AW values, the correct decision is to: (a) select alternative A (b) select alternative B (c) select alternative C (d) select the Do Nothing alternative
- Is my answer correct for the option b? I use the same way like in option a.what does the ENABLE component of SCOR model cover and why is it not sequential like other parts of the model? give examplesE-Book break-even analysis. Eastman Publishing Company is considering publishing an electronic textbook about spreadsheet applications for business. The fixed cost of manuscript preparation, textbook design, and web site construction is estimated to be $160,000. Variable processing costs are estimated to be $6 per book. The publisher plans to sell single-user access to the book for $46. a. Build a spreadsheet model to calculate the profit/loss for a given demand. What profit can be anticipated with a demand of 3,500 copies? b. Use a data table to vary demand from 1,000 to 6,000 in increments of 200 to assess the sensitivity of profit to demand. c. Use Goal Seek to determine the access price per copy that the publisher must charge to break even with a demand of 3,500 copies. d. Consider the following scenarios: Scenario 1 Scenario 2 Scenario 3 Scenario 4 Scenario 5 Variable Cost/Book $6 $8 $12 $10 $11 Access Price $46 $50 $40 $50 $60…
- Transworld Deliveries is expanding its contract home delivery service into the Northeastern United States. The company anticipates that to accommodate this expansion it will need between 25 and 40 staffed delivery vehicles. Transworld is currently moving 25 of its own vehicles, with drivers, into the Northeast. The daily cost of operating its own fleet is $820 per vehicle, while the daily cost of leasing a vehicle and driver is expected to be $1,200 per vehicle. The expected demand requirements follow: Requirements (in vehicles) 25 30 35 40 Probability 0.25 0.25 0.25 0.25 Using an expected value approach, should Transworld purchase additional vehicles and hire additional drivers? If so, how many would you recommend?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.The MFA Co. Ltd. presently moves pallet loads of cans from production to the truck dock for loading. The loading dock foreman claims that due to increased production the company needs to purchase five new fork trucks and to hire five persons to operate these trucks. Using the present equipment (fork trucks) the maximum load of cans that can be transported is 1500 lb. at a 13.5” load center. The fork truck currently in use is manufacturer - rated for 3,000 lb. at the 24” load center. Question: Can the pallet load capacity be increased? What, if any, new equipment is required?
- Use the following information for the next 3 problems: ABC Company plans to construct a 60,000 sq. ft private warehouse and rent public warehouse as needed. Warehouse inventory turns at the rate of 2 times per month. One pound of merchandise occupies 0.2 cubic feet of warehouse space and can be stacked 10 feet high. Given aisles, and normal operating efficiency, only 50 percent of the total warehouse space is actually used for storage. Assume the facility is being built to size so no additional space is allowed for future product growth. A private warehouse can be constructed for $36 per sq. ft. and can be amortized over 20 years. Annual fixed costs amount to $20 per sq. ft. of total space. The cost of operation is $0.03 per pound of throughput. Space may also be rented for a storage charge on inventory of $0.06 per pound per month and a handling charge of $0.05 per pound of throughput. Monthly demands for a typical year are as follows: Month Demand (lb) Jan 2,000,000…Quitmeyer Elec-tronics Incorporated manufactures the following six microcomputer peripheral devices: internal mo-dems, external modems, graphics circuit boards, CD drives, hard disk drives, and memory expansionboards. Each of these technical products requirestime, in minutes, on three types of electronic testingdevices, as shown in the table on this page.The first two test devices are available 120hours per week. The third (device 3) requires morepreventive maintenance and may be used only 100 hours each week. The market for all six computer components is vast, and Quitmeyer Electronics be-lieves that it can sell as many units of each product as it can manufacture. The table that follows summa-rizes the revenue and material cost for each product: DEVICE REVENUE PERUNIT SOLD ($) MATERIAL COSTPER UNIT ($)Internal modem 200 35External modem 120 25Graphics circuit board 180 40CD drive 130 45Hard disk drive 430 170Memory expansionboard 260 60 In addition, variable labor costs are $15…James Mason is an excellent sportsman and in his earlier years he represented his country in basketball. James still plays competition basketball and also trains a District Representative Team preparing for the National Championships. James is required to keep accurate medical records for each member of the squad, especially recording any physical weakness or injury that they may display. James requires the District Team to train three nights per week on the outside courts that are provided by the Local Smithfield Council. The team trains under lights from 6:00pm to 7:00pm on Monday, Wednesday and Friday nights. James is always there to supervise the team and improve the team’s skills. On Friday 17th March it had been raining and two of the lights for the courts were not working and this resulted in very poor visibility for all players. However, James decided to go ahead with the training session even though it had been raining and the courts were very slippery and the lighting was…