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As a part of a lean initiative, a manufacturer has reduced the setup cost for machining a component from $520 to $12.5. as a result, the new economic lot size is 10 units. The former economic lot size had been much larger. What was it? (Hint: look at EOQ in charpter 5.)

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91578173

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