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Rick Wing has a repetitive manufacturing plant producing automobile steering wheels. Use the following data to prepare f
Posted: Fri Jul 01, 2022 9:05 am
by answerhappygod
- Rick Wing Has A Repetitive Manufacturing Plant Producing Automobile Steering Wheels Use The Following Data To Prepare F 1 (14.95 KiB) Viewed 78 times
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 290 days $60,00 per hour Setup labor cost Annual holding cost Daily production (8 hours) $16 per unit 880 units/day Annual demand for steering wheels 30,450 (290 daysxdaily demand of 105 units) Q-220 units Desired lot size (2 hours of production) a) Setup cost $(round your response to two decimal places) b) Setup time minutes (round your response to two decimal places) 21