Setup Labor Cost $$$$50$ per hour Q $220$ Annual Holding Cost $$$$16$ per unit H $$$$16$ Daily Produciton $880$ units per day d $110$ Annual Demand $32,450$ units p $880$ Working Days $295$ D $32,450$ Desired Lot Size $220$ units per day $1)$ What would the desired Setup cost per production run? S $2)$ What would the desired Setup time $($min$)$ be$?$ Time