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Business, 12.12.2019 04:31 liamcareycarlisle

Rick wing has a repetitive manufacturing plant producing automobile steering wheels. use the following data to prepare for a reduced lot size. the firm uses a work year of 305 days. setup labor cost $60.00 per hour annual holding cost $15 per unit daily production (8 hours) 1, 040 units/day annual demand for steering wheels 36, 600 (305 days times daily demand of 120 units) desired lot size (2 hours of production) q = 260 units a) setup cost = $ (round your response to two decimal places). b) setup time = minutes (round your response to two decimal places).

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