Question: Please help! a. Why should management be concerned about improving setup time? A that could be used for other purposes. Long lead times work in

Please help!

Please help! a. Why should management be concerned about improving setup time?

a. Why should management be concerned about improving setup time? A that could be used for other purposes. Long lead times work in process inventory and lead time. production batch, which the company's ability to respond to changes in customer demand. b. Which of the following are the ways to improve Hammond Inc.'s setup time? a. limit the trips to the tool room to one round trip, rather than two. b. change the location of the fixtures to reduce lathe setup time. c. eliminate the tool room and instead locate the tools in a visible location near the lathe. d. change the entire lathe room layout, so that fewer steps are required to turn the lathe on and off, as well as clean the lathe and change fixtures for the lathe. e. All of these are ways to improve setup time. c. How much time would be required for a setup, using your suggestion in (b)? $ minutes

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