Setup Time for a Product Is 12 Hours

question 3

Multiple Choice

Setup time for a product is 12 hours. A firm that uses JIT and produces the same product has reduced setup time to 1 hour. Setup labor is $6 per hour. The value-added costs are

• A)$72.
• B)$66.
• C)$12.
• D)$6.

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Definitions:

Ethnicity

A category of people who identify with each other based on shared ancestral, social, cultural, or national experiences.

Sexual Orientation

An enduring pattern of emotional, romantic, or sexual attractions to men, women, both sexes, neither sex, or another sex, as well as a person's sense of identity based on those attractions.

Physical Abilities

The bodily capacities to perform tasks or exercises, including strength, flexibility, endurance, and coordination.

Oldest-old

A demographic term typically referring to individuals aged 85 and above, often studied in gerontology for their unique health and social needs.