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he will reduce his component lot sizes. He has developed the following data for one component, the safety chain clip: table [ [ Setup

he will reduce his component lot sizes. He has developed the following data for one component, the safety chain clip:
\table[[Setup labor cost,$30 per hour],[Annual holding cost,$14 per unit],[Daily production,1,008 units/8 hour day],[Annual demand,24,840(270 days each daily demand of 92 units)],[Desired lot size,126 units (one hour of production)]]
To obtain the desired lot size, the set-up time that should be achieved =, minutes (round your response to two decimal places).
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