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Determine the production order quantity ( POQ ) and the number of orders. What is the total annual setup cost? What is the total holding

Determine the production order quantity

(

POQ

)

and the number of orders. What is the total annual setup cost?

What is the total holding cost per year? Calculate the length of the production run in days. What percentage of time

will the facility be producing components? What is the setup time in minutes, based on a $

45

per hour setup labour

cost

?

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