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A certain product costs $10 in material cost and $80 in labour cost. The manufacturing lead time (MLT) for this product is 13 weeks. The
A certain product costs $10 in material cost and $80 in labour cost. The manufacturing lead time (MLT) for this product is 13 weeks. The holding cost rate is 20% per year. The MLT cost (ie. WIP cost) for this product is
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