Question: The same production machine is used to produce a batch of parts that each has a starting material cost of C m = $ 2

The same production machine is used to produce a batch of parts that each has a starting material cost of Cm=$2.5. Batch quantity Q=150. The actual processing time in the operation To=3.25 min. Time to load and unload each workpiece Th=1.5min. Tool cost =$4.0, and each tool can be used for 20 pieces before it is changed, which takes 2.0min. Before production can begin, the machine must be set up, which takes Tsu=1.5 hours. Hourly wage rate of the operator RH=$10.50hr, and the applicable labor overhead rate RLOH=35%. Determine the:
(a) cycle time Tc for the piece,
(b) avg. production rate Rp when setup time is figured in, and
(c) cost per piece Cpc.
 The same production machine is used to produce a batch of

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