Setup time for a product is 14 hours. A firm that uses JIT and produces the same product has reduced setup time by 2 hours. Setup labor is $35 per hour. If the company wants to reduce non-value-added costs by 40 percent next year, the currently attainable standard for setup time would be
A) 6.8 hours.
B) 9.2 hours.
C) 8.6 hours.
D) 9.6 hours.

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The Answer of Setup time for a product is 14 hours. A firm that uses JIT and produces the same product has reduced setup time by 2 hours. Setup labor is $35 per hour. If the company wants to reduce non-value-added costs by 40 percent next year, the currently attainable standard for setup time would be
A) 6.8 hours.
B) 9.2 hours.
C) 8.6 hours.
D) 9.6 hours.

Setup Time for a Product Is 14 Hours