(Solved)The Kaneohe Trading Company makes a fastener that they us
The Kaneohe Trading Company makes a fastener that they use in another process. The firm operates 270 days per year and uses the fasteners at a fairly steady rate of 198 per day. Fasteners can be produced at a rate of 960 per day. Annual storage costs is $2.90 per fastener and setup cost to produce more fasteners is $135.
What is the cycle time in days and approximately how many runs should be done each year?
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