A repetitive manufacturing firm is planning on level material use. The following information has been collected. Currently, the firm operates 250 days per year.
(a) What is the setup cost, based on the desired lot size?
(b) What is the setup time, based on $50 per hour setup labor?

Question

A repetitive manufacturing firm is planning on level material use. The following information has been collected. Currently, the firm operates 250 days per year.
  (a) What is the setup cost, based on the desired lot size?
(b) What is the setup time, based on $50 per hour setup labor?

Quizplus · Accepted Answer

The Answer of A repetitive manufacturing firm is planning on level material use. The following information has been collected. Currently, the firm operates 250 days per year.
  (a) What is the setup cost, based on the desired lot size?
(b) What is the setup time, based on $50 per hour setup labor?

A Repetitive Manufacturing Firm Is Planning on Level Material Use