A machine makes two products Product A and Product B. The setup time for either product is 15 minutes. Product A can be produced in 4 minutes and Product be can be produced in 3 min. 175 units of Product A are needed per day and 125 units of Product B are needed per day.
a) What is the most economical production batch size for Product A and Product B?
b) If we want to the economical batch size for them at 20, then what should be the target set up time be for Product A and Product B?