The Edward James Toy Company uses a Kanban system to make plastic wheels that are a component of several toys. The waiting time
1 answer:
Answer:
Step-by-step explanation:
From the question we are told that:
Waiting time for a container of the wheels during production
Average processing time is
Wheel per container
Total wheel per day
Policy variable of
Generally the equation for Total number of container is mathematically given by
Where
Total time
Therefore
Therefore the number of Kanban containers needed for the wheels is
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and taking the initial value equal to 4, we find that 
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If we set the initial value equal to 1, we find that
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and the iterations are decreasing.
Referring to that finding, if we set initial value less than zero, which means that we are solving 0.5x+1<0 and taking a number in the interval of the solution, which means x ∈ (- ∞, -20). Setting x=-19, we find that
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If we set the initial value equal to 1, we find that