Question: class number is 36 Suppose that Kat, a production manager, is trying to run JIT. There are 300 working days in a year, and daily

class number is 36 class number is 36 Suppose that Kat, a production
Suppose that Kat, a production manager, is trying to run JIT. There are 300 working days in a year, and daily demand is 1200 units. Her production line can produce 2000 units per day. Kat's desired lot size (Q) is 400. Please make your holding cost equal to your Class # (so if your Class #is 55. your holding cost is $55/unit). 3a) Calculate the Setup Cost, S, for one setup. (8 points) 3b) Then calculate the Setup Time based on your Setup Cost S. Assume that one worker does the setup, and they get paid $20/hour. Report the Setup Time in minutes. (6 points) 3c) Suppose that the setup worker can only give 30 minutes per day for setups. Given your answer for a), will total setup time per day be more than 30 minutes? (6 points)

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