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Question 3: (20 points) A production system has a burden rate of 202 dollars per hour and a setup time of 3.1 hours. The

 

Question 3: (20 points) A production system has a burden rate of 202 dollars per hour and a setup time of 3.1 hours. The system also has a lot size of 417 parts. If the system must move to a 30 part lot size, how much must the setup time be reduced to keep the setup cost per part constant? New Setup Time hours

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