rk Given the following information about a product, at Michael Gibson's fim, what is the...
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rk Given the following information about a product, at Michael Gibson's fim, what is the appropriate setup time? Setup labor cost $30.00 per hour Annual holding cost $27 per unit Daily production 1,000 units/day Annual demand 40,500 (270 days each x daily demand of 150 units) Desired lot size 150 units Setup time = minutes (round your response to two decimal places) Test X
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