Question: Setup time for a product is 1 2 hours. A firm that uses JTT and produces the same product has reduced setup time to one

Setup time for a product is 12 hours. A firm that uses JTT and produces the same product has reduced setup time to one hour. Setup labor is $6 per hour. The value-added costs are
$72.
$66.
$12.
Setup time for a product is 12 hours. A firm that

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