Corp A makes model boats, and it is switching to a lean manufacturing process. At one assembly area, Corp A is using one part container that holds 250 parts, and it wants the output to be approximately 150 finished parts per hour. Corp A also desires a 10% safety stock for this part. How fast will the container have to make through the system to accomplish this?
Expert Answer
Since, 150 parts are manufactured in a day, time taken to manufacture one part is, 1/150 = 0.00667
The formula for number of containers required is,
k=d(w+ρ) (1+∝)/c
Where, k is the number
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