The table below provides the parameters for a new current state value stream map

Question

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 ? Click the icon to view the data from the new current state value stream map at Jensen Bearings Inc. a. How many days of raw material does the Bearing's plant now hold? The plant holdsdays of raw material. (Enter your response rounded to one decimal place.)

Explanation / Answer

For process 1 which is initial process along the value chain requires raw material in terms of sheets. As mentioned in VSM, the Work-in-process at the process 1 – Press is 1 day of sheets (before press)

Thus, currently plant holds 1 day of raw material.

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