In the EPQ model,setup costs refer to ______.
A)the labor costs related to preparing the necessary equipment,changing tools and fixtures on the equipment,cleaning,and so forth
B)the labor costs related to ordering materials,receiving materials,and payment on invoices for materials received
C)the labor costs related to transporting and warehousing materials received
D)the labor costs related to inspecting the quality of materials received

Question

Quizplus · Accepted Answer

Setup costs refer to the labor costs associated with preparing the necessary equipment, changing tools and fixtures on the equipment, cleaning, and so forth.

In the EPQ Model,setup Costs Refer to ______