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Using the Original Design,a Machine Requires 24 Hours of Setup

question 35

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Using the original design,a machine requires 24 hours of setup time.By redesigning the machine,the setup time is reduced by 35%.The cost per setup hour is $250.What is the reduction in non-value-added cost per setup?


Definitions:

Ethical System

A coherent set of moral principles, values, and standards that guide individuals or groups in making decisions and conducting themselves.

Human Reason

The mental capacity of humans to form judgments and conclusions based on logic and critical thinking.

Market Value Ethics

The ethical considerations surrounding the determination and influence of market value in business and finance.

Corporate Manager

An individual responsible for planning, directing, or overseeing the operations and development of a corporation.

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