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This Question: 10 pts 7 of 8 (complete) Given the following information about a product, at Phyllis Simon's firm, what is the appropriate setup

This Question: 10 pts 7 of 8 (complete) Given the following information about a product, at Phyllis Simon's firm, what is the appropriate setup time? 42,000 units Annual demand = Daily demand = 150 units D Daily production 1,000 units Desired lot size = 150 units Holding cost per unit per year = $23 Setup labour cost per hour = $30 Setup time is 0.17 minutes (round your response to two decimal places). box

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