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A product has annual demand of 1 0 0 , 0 0 0 units. The plant manager wants production to follow a four - hour

A product has annual demand of 100,000 units. The plant manager wants production to follow a four-hour cycle. Based on the following data, what setup time will enable the desired production cycle?
d =400 per day (250 days per year), p =
2,500
units per day, H =
$120
per unit per year, Q =200(demand for four hours, half a day), and the hourly labor rate is $18.(Do not round intermediate calculations. Round final answer to one decimal place.)

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