The welding department supplies parts to the final assembly line. management decides to implement a kanban system and has collected the following data. • the daily demand is 2400 units the production lead time is 5 days (this includes processing time, transport time, and waiting time) • management has decided to have a 2 day(s) safety stock • one container fits 475 units how many kanban containers will be needed to support this system

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

the correct answer is d. wealthy colonists to take care of the less fortunate. hope this

answer; realistic job preview;

answer90,000;