Given the following information about a​ product, at Michael​ Gibson's firm, what is the appropriate setup​ time? Setup

[answerhappygod]

Given the following information about a​ product, at Michael​
Gibson's firm, what is the appropriate setup​ time? Setup labor
cost ​$50.00 per hour Annual holding cost ​$20 per unit Daily
production 1,000 ​units/day Annual demand 40,500 ​(270 days
each×daily demand of 150 ​units) Desired lot size 300 units Part 2
Setup time​ ___ enter your response here minutes ​(round your
response to two decimal​ places).