to obtain the desired lot size, the set up time that should be achieved

Sarol Cagle has a repettive manulactunng plant producing traler hitches in Actington, Texas. The plant has an average inventory turnover of only 12 times per year. Ho has tharefore dederminad th he will reduce his component lot sizes. He has developed the following data for one component, the safety chain clip: SetuplaborcostAnnualholdingcostDailyproductionAnnualdemandDesiredlotsize$25perhour$12perunt960units/hourday23,000(250dayseachxdailydecnandof92units)120units(onehourofproduction) To obtain the desired lot size, the set-up time that should be achieved = minutes (round your response to two docimal places)