Setup Time Reduction and EOQ

Setup Time Reduction and EOQ

Part 1.Find and describe two setup time reduction projects that you can find presented as either general information or a case study. One needs to be manufacturing/assembly and one from the service sector. Please explain the process, what was done to improve the setup process, and any resulting time and cost savings.

Part 2.A variety of assembled products are made in batches on a manual assembly line. Every time a different product is produced, the line must be changed over which causes lost production time. The assembled product of interest here has an annual demand of 12,000 units. The changeover time to set up the line for this product is 6.0 hours. The company figures that the hourly rate for lost production time on the line due to changeovers is $500/hr. Annual holding cost for the product is $7.00 per product. The product is currently made in batches of 1000 units for shipment each month to the wholesale distributor. (a) Determine the total annual inventory cost for this product in batch sizes of 1000 units. (b) Determine the economic batch quantity for this product. (c) How often would shipments be made using this EOQ? (d) How much would the company save in annual inventory costs, if it produced batches equal to the EOQ rather than 1000 units? (e) If the company undertook a setup time reduction project and reduced the setup time from 6.0 hours to 1.5 hours, what would be the total annual inventory cost for this product in its original batch size of 1000units?(f)What is the new EOQ and associated (g) total annual inventory cost after the setup time reduction project?(h) Provide a brief explanation of the various results from this multipart problem.Refer to your Chapter 3 slides from class for the required equations



My major is “Industrial and System Engineering.” The book I am using is ” WORK SYSTEM GROOVER” ISBN 978-1-337-67171-2.


For part one you need only need to get 2 examples of companies from the net and describe the setup time reduction projects for each. And explain the process, what was done to improve the setup process, and any resulting time and cost savings.


Please follow the steps and complete the work properly because the lecture focuses on every detail. Thank you

Place your order
(550 words)

Approximate price: $22

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
The price is based on these factors:
Academic level
Number of pages
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more
Open chat
You can contact our live agent via WhatsApp! Via + 1 (409) 205-8984

Feel free to ask questions, clarifications, or discounts available when placing an order.

Order your essay today and save 30% with the discount code GURUH