Question: please help Thank you 9. A production system has a burden rate of $321 per hour and a setup time of 3.9 hours. What is

please help Thank you
9. A production system has a burden rate of $321 per hour and a setup time of 3.9 hours. What is the setup cost per part for a lot size of 360 parts? What is the new setup time if you reduce the lot size to 320 parts? Calculate the total setup time cost and the new time using the setup cost from above. Also use the burden rate from above. Show your calculationsStep by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
