Question: please complete in excel ... 16.3 Rick Wing has a repetitive manufacturing plant producing automobile steering wheels. Use the following data to pre- pare for

please complete in excel

... 16.3 Rick Wing has a repetitive manufacturing plant producing automobile steering wheels. Use the following data to pre- pare for a reduced lot size. The firm uses a work year of 305 days. n 30,500 100 Annual demand for steering wheels Daily demand Daily production (8 hours) Desired lot size (2 hours of production) Holding cost per unit per year 800 200 $10 olved with POM for Windows and/or EXCET UIVI. a) What is the setup cost, based on the desired lot size? It is the setup time, based on $40 per hour setup labor)

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