Operations Management: Processes and Supply Chains (11th Edition)
Operations Management: Processes and Supply Chains (11th Edition)
11th Edition
ISBN: 9780133872132
Author: Lee J. Krajewski, Manoj K. Malhotra, Larry P. Ritzman
Publisher: PEARSON
Question
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Chapter 6, Problem 12P

(a)

Summary Introduction

Interpretation: Number of days of raw material B’s plant has is to be determined.

Concept Introduction:

The raw material which is important for the B’s plant is the steel sheets.

(b)

Summary Introduction

Interpretation: Number of days of work-in-process inventory is held between Press and Pierce and form is to be calculated.

Concept Introduction:

The work-in-progress refers to the ongoing process and waiting for completion. It is an important term used in production and supply chain management.

(c)

Summary Introduction

Interpretation: Number of days of work-in-process inventory is held between Pierce and form and Finish Grind is to be calculated.

Concept Introduction:

The work-in-progress refers to the ongoing process and waiting for completion. It is an important term used in production and supply chain management.

(d)

Summary Introduction

Interpretation: Number of days of work-in-process inventory is held between Finish Grind and Shipping.

Concept Introduction:

The work-in-progress refers to the ongoing process and waiting for completion. It is an important term used in production and supply chain management.

(e)

Summary Introduction

Interpretation:

Lead time of new value stream’s production.

Concept Introduction:

Lead time refers to as the latency between beginning and completion of a process.

(f)

Summary Introduction

Interpretation:

Process time of the new value stream

Concept Introduction:

Processing time is nothing but the sum of each process cycle time.

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