1. A manufacturer is producing PCs. The cycle time for a lot of 1000 parts is 1250 hours.
1a. What would be the minimum cycle time that could be achieved if the production was split into 2 lots of 500 parts each?
1b. What would be the inventory level as a function of time (Assume the 500 parts can be sold to the customer as soon as the manufacturing is completed.)?
1c. What would be the minimum cycle time and inventory levels if the production is broken down into 4 lots of 250 parts each?
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