What is the takt time for a production system that operates one shift given the following information? total time per shift = 480 minutes Coffee breaks = 2 20 - minute breaks per shift Lunch break = 60 minutes daily demand = 360 units
Breakeven Analysis
Break Even Analysis is a term used in business, cost accounting and economics. It refers to a point where the total cost incurred becomes equal to the total revenue earned. Break Even Analysis determines the number of units to be sold to earn the revenue required to cover the total costs. Total cost is a sum total of fixed and variable costs.
Process analysis
The term process analysis can be defined as breakdown of production process into different phases that converts inputs into output. A series of routine activities are incorporated using organizational resources with a view to achieve operational excellence.
Problem 3: What is the takt time for a production system that
operates one shift given the following information?
total time per shift = 480 minutes
Coffee breaks = 2 20 - minute breaks per shift
Lunch break = 60 minutes
daily demand = 360 units
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