Harrison Industries produces 4,000 lunch boxes each day. The average number of units in work in process is 12,000, having an average cost of $60,000. The annual carrying costs relating to inventory are 10%. Consultants have determined that the work in process could be reduced by as much as a third by rearranging the factory floor. What is the current throughput time?
A) Eight hours
B) One day
C) Two days
D) Three days
Correct Answer:
Verified
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