Setup Time for a Product Is 14 Hours

question 91

Multiple Choice

Setup time for a product is 14 hours. A firm that uses JIT and produces the same product has reduced setup time by 2 hours. Setup labor is $35 per hour. If the company wants to reduce non-value-added costs by 40 percent next year, the currently attainable standard for setup time would be

• A) 6.8 hours.
• B) 9.2 hours.
• C) 8.6 hours.
• D) 9.6 hours.

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An ancient Greek philosopher and polymath, whose writings covered a wide range of subjects and significantly influenced Western philosophy and science.

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The logical process where a set of stated propositions (premises) are shown to necessarily lead to a specific conclusion.

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