Question: find set-up cost and set-up time Tuule 10.3 Question Rick Wing has a repetitive manufacturing plant producing automobile steering wheels. Use the following data to

find set-up cost and set-up time

Tuule 10.3 Question 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 30 days Setup labor cost $40,00 per hour Annual holding cost $12 per unit Daily production (8 hours) 1,040 units/day Annual demand for steering Wheels 35,600 (305 days x daily demand of 120 units) Desired lot size (2 hours of production) Q = 260 units a) Setup com = $fround your response to two decimal places). Enter your awer in the box and then click Check Answer emaining MacBook G TV 80 88% FO esc + & 8 - # $ 1 1 N 3 6 5 4 8 7 CO 0 Y U W E R T ul. 1 K 1

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