Question: b) Setup time = $___ minutes Rick Wing has a repetitive manufacturing plant producing automobile steering wheels. Use the following data to prepare for a

b) Setup time = $___ minutes
Rick Wing has a repetitive manufacturing plant producing automobile steering wheels. Use the following data to prepare for a reduced lot size. The firm uses a work year of 305 days. a) Setup cost =$ (round your response to two decimal places)Step by Step Solution
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