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A component requires two (2) operations to complete it. The first operation has the following information:...

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Mechanical Engineering

A component requires two (2) operations to complete it. Thefirst operation has the following information: Machining Time =2.445 min., Handling Time = 1.334 min., Tool Change Time = 21.45min. which needs to be changed every 1675 pieces with a Tool Costof $133.00 per tool. The operational cost for the first operation =$116.67 per hour. The second operation has the followinginformation: Machining Time = 1.436 min., Handling Time = 0.849min., Tool change Time = 18.75 min. which needs to be changed every970 pieces with a Tool Cost of $68.40 per tool. The operationalcost for the second operation = $116.67 per hour. What is the totalCost for the component?

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