Question: What is the total setup plus holding cost for Wheel - Rite? Setup cost = Cost per SetuptimesNumber of Setups ( i . e .

What is the total setup plus holding cost for Wheel-Rite?
Setup cost= Cost per SetuptimesNumber of Setups(i.e., Number of Production Runs)
Holding cost= Average InventorytimesAnnual Holding Cost per Item
Thus the setup cost plus the holding cost equals $
608.40(round your response to two decimal place

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