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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:
tableSetup labor cost,$ per hourAnnual holding cost,$ per unitDaily production, units hour dayAnnual demand, days each daily demand of unitsDesired lot size, units one hour of production
To obtain the desired lot size, the setup time that should be achieved minutes round your response to two decimal places
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