Question: I also need setup time!! = Homework: Chapter 12 and 16 Homework Question 15, Problem 16.3 - Bookmatch Part 1 of 2 HW Score: 58.11%,

I also need setup time!! = Homework: Chapter 12 I also need setup time!!

= Homework: Chapter 12 and 16 Homework Question 15, Problem 16.3 - Bookmatch Part 1 of 2 HW Score: 58.11%, 21.5 of 37 points O Points: 0 of 3 Save 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. unit Setup labor cost $40.00 per hour Annual holding cost $10 per Daily production (8 hours) 800 units/day Annu demand for steering wheels 30,500 (305 days x daily demand of Desired lot size (2 hours of production) Q = 200 units units) a) Setup cost = $ (round your response to two decimal places)

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