Course Solutions Uncategorized (Answered) : Score 0 1 Pt Problem 161 Question Help Carol Cagle Repetitive Manufacturing Plant Producin Q33200256

(Answered) : Score 0 1 Pt Problem 161 Question Help Carol Cagle Repetitive Manufacturing Plant Producin Q33200256

Score: 0 of 1 pt Problem 16.1 Question Help * Carol Cagle has a repetitive manufacturing plant producing trailer hitches in Arington, Texas. The plant has an average inventary turmover of only 12 tmes pe has therefore determined that he will reduce his component lot sizes. He has developed the following data for one component, the safety chain clip Setup labor cost $20 per hour Annual holding cost $12 per unit Daily prodution 1,008 units/8 hour day Annual demand 25,300 (275 days each x daly demand of 92 units) Desired lot size 126 units (one hour of production) To obtain the desired lot size, the set-up time that should be achieved minutes (round your response to hwo decimal placed). answer in the answer box and then click Check AnswerScore:

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