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Business, 12.12.2019 04:31, bonnysvalentine
Arepetitive manufacturing firm is planning on level material use. the following information has been collected. currently, the firm operates 250 days per year.
annual demand
22,000
daily demand
88
daily production
250
desired lot size (2 hours of production)
63
holding cost per unit per year
$40
a) what is the setup cost, based on the desired lot size?
b) what is the setup time, based on $40 per hour setup labor?
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Answers: 1
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Arepetitive manufacturing firm is planning on level material use. the following information has been...
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