Assignment:
The XYZ Company is planning to introduce a new product line and will build a new factory to produce the parts and assemble the final products for the product line. The new product line will include 100 different models. Annual production of each model is expected to be 1000units. Each product will be assembled of600components.All processing of parts and assembly of products will be accomplished in one factory. There are an average of 10 processing steps required to produce each component, and each processing step takes 30 sec (include an allowance for setup time and panhandling), each final unit of product takes 3.0 hr to assemble. All processing operations are performed at work cells that each includes a production machine and a human worker. Products are assembled on single workstations consisting of two workers each. If each work cell and each workstation require 200 ft2, and the factory operates one shift (2000 hr/yr), determine: (a) how many production operations, (b) how much floor space, and (c) how many workers will be required in the plant.
Provide complete and step by step solution for the question and show calculations and use formulas.