Harrison Industries produces 4,000 lunch boxes each day. The average number of units in work...
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Accounting
Harrison Industries produces 4,000 lunch boxes each day. The average number of units in work in process is 12,000, having an average cost of $60,000. The annual carrying costs related to inventory are 10%.
Consultants have determined that the work in process could be reduced by as much as a third by rearranging the factory floor. What would the throughput time be if Harrison implements the recommended changes?
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