As a part of a lean initiative a manufacturer has reduced, Operation Management

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As a part of a lean initiative a manufacturer has reduced

As a part of a lean initiative, a manufacturer has reduced the setup cost for machining a component from $520 to $12.5. as a result, the new economic lot size is 10 units. IF the goal is to reduce the economic lot size to 1 uni, what must the setup cost be reduced to?

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Operation Management: As a part of a lean initiative a manufacturer has reduced

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Operation Management: As a part of a lean initiative a manufacturer has reduced

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