How much would setup time have to be reduced

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Reference no: EM131454060

Question: In the previous problem,

(a) how much would setup time have to be reduced to make the batch size of 3000 pieces equal to the economic order quantity?

(b) How much would total inventory costs be reduced if the E0Q= 3000 units compared with the EOQ calculated in the previous problem?

(c) How much would total inventory costs be reduced if the setup time were equal to the value obtained in part (a) compared with the 3.0 hr used in the previous problem?

Reference no: EM131454060

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