Question: please show all work and explain 10. A production analyst and an industrial engineer are investigating potential setup time reductions at their plant to help


please show all work and explain
10. A production analyst and an industrial engineer are investigating potential setup time reductions at their plant to help make the production processes more efficient. A hydraulic stamping machine currently requires about 25 minutes for the ma- chine operator to complete a changeover between different part types. Each part requires 2.75 minutes for the stamping process. Parts are currently produced in batches of 30 units. The labor rate is $15.75 per hour. a. What is the current average labor cost per part, including changeovers? b. If the changeover time could be reduced to 10 minutes, how much labor cost per part would be saved using the current batch size of 30 units? C. If the changeover time could be reduced to 10 minutes, how much com batch size be reduced in order to achieve the current average labor cost unitStep by Step Solution
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