The table below provides the parameters for a new current state value stream map for the family of retainers at the Jensen Bearings Inc. firm described in the chapter. This table depicts the value stream after Kline Steel agrees to accept daily orders for steel sheets and also agrees to deliver on a daily basis. Calculate each component of the new value stream's reduced lead time. Jensen Bearings operates 5 days per week. Overall Process Attributes Average demand: 2,600/week (1,600 "L"; 1,000 "S") Batch size: 1,000 Number of shifts per day: 1 Availability: 8 hours per shift with two 30 minute lunch breaks Process Step 1 Press Cycle time=5 seconds Setup time=2 hours Uptime=90% Operators=1 Every Part Every=1 week WIP=1 day of sheets (before Press) Process Step 2 Pierce & Form Cycle time=25 seconds Setup time=30 minutes Uptime=100% Operators=1 WIP=900 "L", 1,150 "S" (before Pierce & Form) Process Step 3 Finish Grind Cycle time=37 seconds Setup time=45 minutes Uptime=100% Operators=1 WIP=200 "L", 1,450 "S" (before Finish Grind) Process Step 4 Shipping WIP=400 "L", 1,100 "S" (after Finish Grind) Supplier Information One shipment a day in trays of 60 pieces Information Flow All communications from customer are electronic: 180/90/60/30/day Forecasts Daily Order All communications to supplier are electronic 4-week Forecast Weekly Fax There is a weekly schedule manually delivered to Press, Pierce & Form, and Finish Grind and a Daily Ship Schedule manually delivered to Shipping All material is pushed a. How many days of raw material does the Bearing's plant now hold? The plant holds enter your response here days of raw material. (Enter your response rounded to one decimal place.) Part 3 b. How many days of work in process inventory is held between Press and Pierce & Form? The inventory is held enter your response here days. (Enter your response rounded to one decimal place.) Part 4 c. How many days of work in process inventory is held between Pierce & Form and Finish Grind? The inventory is held enter your response here days. (Enter your response rounded to one decimal place.) Part 5 d. How many days of work in process inventory is held between Finish Grind and Shipping? The inventory is held enter your response here days. (Enter your response rounded to one decimal place.) Part 6 e. What is the new value stream's production lead time? The production lead time is enter your response here days. (Enter your response rounded to one decimal place.) Part 7 f. What is the new value stream's processing time? The processing time is enter your response here seconds. (Enter your response as a whole number.)

The table below provides the parameters for a new current state value stream map for the family of retainers at the Jensen Bearings Inc. firm described in the chapter. This table depicts the value stream after Kline Steel agrees to accept daily orders for steel sheets and also agrees to deliver on a daily basis. Calculate each component of the new value stream's reduced lead time. Jensen Bearings operates 5 days per week. Overall Process Attributes Average demand: 2,600/week (1,600 "L"; 1,000 "S") Batch size: 1,000 Number of shifts per day: 1 Availability: 8 hours per shift with two 30 minute lunch breaks Process Step 1 Press Cycle time=5 seconds Setup time=2 hours Uptime=90% Operators=1 Every Part Every=1 week WIP=1 day of sheets (before Press) Process Step 2 Pierce & Form Cycle time=25 seconds Setup time=30 minutes Uptime=100% Operators=1 WIP=900 "L", 1,150 "S" (before Pierce & Form) Process Step 3 Finish Grind Cycle time=37 seconds Setup time=45 minutes Uptime=100% Operators=1 WIP=200 "L", 1,450 "S" (before Finish Grind) Process Step 4 Shipping WIP=400 "L", 1,100 "S" (after Finish Grind) Supplier Information One shipment a day in trays of 60 pieces Information Flow All communications from customer are electronic: 180/90/60/30/day Forecasts Daily Order All communications to supplier are electronic 4-week Forecast Weekly Fax There is a weekly schedule manually delivered to Press, Pierce & Form, and Finish Grind and a Daily Ship Schedule manually delivered to Shipping All material is pushed a. How many days of raw material does the Bearing's plant now hold? The plant holds enter your response here days of raw material. (Enter your response rounded to one decimal place.) Part 3 b. How many days of work in process inventory is held between Press and Pierce & Form? The inventory is held enter your response here days. (Enter your response rounded to one decimal place.) Part 4 c. How many days of work in process inventory is held between Pierce & Form and Finish Grind? The inventory is held enter your response here days. (Enter your response rounded to one decimal place.) Part 5 d. How many days of work in process inventory is held between Finish Grind and Shipping? The inventory is held enter your response here days. (Enter your response rounded to one decimal place.) Part 6 e. What is the new value stream's production lead time? The production lead time is enter your response here days. (Enter your response rounded to one decimal place.) Part 7 f. What is the new value stream's processing time? The processing time is enter your response here seconds. (Enter your response as a whole number.)

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

See similar textbooks

Part 3

b. How many days of work in process inventory is held between Press and Pierce & Form?

The inventory is held

enter your response here

days. (Enter your response rounded to one decimal place.)

Part 4

c. How many days of work in process inventory is held between Pierce & Form and Finish Grind?

The inventory is held

enter your response here

days. (Enter your response rounded to one decimal place.)

Part 5

d. How many days of work in process inventory is held between Finish Grind and Shipping?

The inventory is held

enter your response here

days. (Enter your response rounded to one decimal place.)

Part 6

e. What is the new value stream's production lead time?

The production lead time is

enter your response here

days. (Enter your response rounded to one decimal place.)

Part 7

f. What is the new value stream's processing time?

The processing time is

enter your response here

seconds. (Enter your response as a whole number.)

Expert Solution

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Overall Process Attributes	Average demand: 2,600/week (1,600 "L"; 1,000 "S") Batch size: 1,000 Number of shifts per day: 1 Availability: 8 hours per shift with two 30 minute lunch breaks
Process Step 1	Press	Cycle time=5 seconds Setup time=2 hours Uptime=90% Operators=1 Every Part Every=1 week WIP=1 day of sheets (before Press)
Process Step 2	Pierce & Form	Cycle time=25 seconds Setup time=30 minutes Uptime=100% Operators=1 WIP=900 "L", 1,150 "S" (before Pierce & Form)
Process Step 3	Finish Grind	Cycle time=37 seconds Setup time=45 minutes Uptime=100% Operators=1 WIP=200 "L", 1,450 "S" (before Finish Grind)
Process Step 4	Shipping	WIP=400 "L", 1,100 "S" (after Finish Grind)
Supplier Information	One shipment a day in trays of 60 pieces
Information Flow	All communications from customer are electronic: 180/90/60/30/day Forecasts Daily Order All communications to supplier are electronic 4-week Forecast Weekly Fax There is a weekly schedule manually delivered to Press, Pierce & Form, and Finish Grind and a Daily Ship Schedule manually delivered to Shipping All material is pushed