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Question 26.2: Takt Time The monthly demand for a certain part is 10,000 un...

Takt Time
The monthly demand for a certain part is 10,000 units. There are 22 working days in the month. The plant operates two shifts, each with an effective operating time of 440 min. Determine the takt time for this part.

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Question: 26.1

Effect of Setup Reduction on EOQ and Inventory Cost What is the effect of reducing setup time on economic batch size and total inventory costs in Example 25.3 in the previous chapter? In that example, annual demand = 15,000 pc/yr, unit cost = $20, holding cost rate = 18%/yr, setup time = 5 hr, and ...

Verified Answer:

First, recall the results of the earlier example. ...