Question: Problem 1: The normal scrap loss for four successive operations is 5%, 3%, 15% and 10% respectively. Find: A) The number of units that the

Problem 1: The normal scrap loss for four successive operations is 5%, 3%, 15% and 10% respectively.

Find:

A) The number of units that the process must be started with in order to finish with 1,200 units (of finished product).

B) The total machine time (in hours) needed if the operation times are 3, 6, 4 and 5 minutes, respectively.

C) The total cost if the cost per unit for each successive operation is $2, $5, $3, and $1, respectively.

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