The focus of Chapter 6 is the Just-In-Time (JIT) conceptual framework. It is sometimes also called “Lean Production." The Kanban production control system is one of the practices used in JIT system. The Kanban system usually uses bins to hold inventory.
For this assignment, assume that you are working with the procurement and production departments to figure out how much inventory to put in the Kanbans to support a manufacturing production line that uses mostly hardware. Follow the steps below to complete the assignment.
2. Now, calculate the number of Kanban containers using the formula on page 130 of Benton 4th edition..
3. Create a new Excel file which you will attach to this assignment.
4. Use the data points(attached in file) and load the Excel file. To get full credit, the formula must be seen in the formula bar as well as the cell with the correct answer.
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