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Setup labor cost = $ 5 0 . 0 0 per hour Annual holding cost = $ 2 1 per unit Daily production = 1

Setup labor cost

=

50.00

per hour

Annual holding cost

=

21

per unit

Daily production

= 1, 000

units

/

day

Annual demand

= 43, 500 (290

days each times daily demand of

150

units

)

Desired lot size

= 300

units

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