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A company is about to begin production of a new product. The manager of a department that is asked to produce one of the components

A company is about to begin production of a new product. The manager of a department that is asked to produce one of the components wants to know if there is enough machine time available. The machine will produce the item at a rate of 175 units a day. Eighty units will be used daily in assembling the final product. The company operates five days a week, 50 weeks a year. The manager estimates that it will take almost a full day to get the machine ready for a production run, at a cost of $300. Inventory holding cost will be $10 per unit per year. Cycle lengthorrunlength?

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