1.Figure provides a new current state value stream map for the family of retainers at the Jensen Bearings, Inc. firm described in Example. This map depicts the value stream after Kline Steel agrees to accept daily orders for steel sheets and also agrees to deliver the finished goods on a daily basis. Calculate each component of the new value stream's reduced lead time.
a. How many days of raw material does the Bearing's plant now hold?
b. How many days of work in process inventory is held between Press and Pierce & Form?
c. How many days of work in process inventory is held between Pierce & Form and Finish Grind?
d. How many days of work in process inventory is held between Finish Grind and Shipping?
e. What is the new value steam's production lead time?
f. What is the new value stream's processingtime?