Question: In problem 3 , the setup team has set the target production lot size to five units. The production rate on the machine is 4
In problem the setup team has set the target production lot size to five units. The production rate on the machine is unitshour the demand for the part is unitshour and the carrying cost of the part is $ per unit per year. Assume annual demand is units. What must the setup time be reduced to for this part? Hint: Look at EMQ in Chapter Small Lot Production.
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