Polk, Inc produces 3,00 . hammers each day. The average number of units in work in process is 4,500 . having an average cost of $10,000 . The annual carrying costs relating to inventory are 15%. Consultants have determined that the work in process could be reduced by as much as a third by rearranging the factory floor. What is the current throughput time?
a. Eight hours
b. Sixteen hours
c. One day
d. One and one half days
d
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