Question: Do not post old answers.Please solve it in detail Question 2. A certain large manufacturing company has hired a new mwmbwe of its IE department,
Question 2. A certain large manufacturing company has hired a new mwmbwe of its IE department, a Mr. Hasan okbilir, knowing all about coordinated control, selects a family if 2 items with the following information: Other cots are estimated as follows: Major set up cost =$5.00 Minor set-up cost for item 1=$1.00 Minor set-up cost for item 2=$4.00 Inventory carrying cost rate =0.2/$/ year a) Compute the best values for the base cycle time T,m1 and m2. b) Mr. Cokbilir is skeptical of the value of coordination and argues that independent control is less costly, at least for this family of two items. Is her correct
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