Vernon Inc. has analyzed the setup time on its computer-controlled lathe. The setup requires changing the type of fixture that holds a part. The average setup time has been 140 minutes, consisting of the following steps: A company plans to setup a machine to increase the productivity. The average setup time is 140 minutes. The company wishes to control the setup time, Identify the statement that suits the given situation. a. Identify the walt time and non-value-added time and eliminate that with effective planning so that the setup time can be reduced. b. Identify the machine that has less setup time. c. Identify the laborers are contributing less to the setup process and eliminate them from the process. d. None of the above. c. How much time would be required for a setup, using your suggestion in (b)? x minutes