Annual demand for a certain part is 10,000 units. At present the setup time on the machine
Question:
(a) EOQ and
(b) Total inventory costs for this data. Also, determine
(c) EOQ and
(d) Total inventory costs if the changeover time could be reduced to six minutes.
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Related Book For
Automation Production Systems and Computer Integrated Manufacturing
ISBN: 978-0132393218
3rd edition
Authors: Mikell P.Groover
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