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Business, 17.09.2019 19:00 cxttiemsp021

Recall that your littlefield labs charges $400 per job, but incurs a $200 cost per raw materials. you are also being charged $5 per kit for placing orders with your supplier (that's $500 for an order of 100 kits). you are also incurring a $2.7778 penalty cost per hour for every hour that you exceed the 24-hour quoted lead time (that's equivalent to $66.6667 penalty for every day's delay). what is break-even process lead time, namely, how many hours of lead time make the cost of the job equal to its revenue? ignore the opportunity cost of holding inventory. choose the range below that contains the correct answer.

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Recall that your littlefield labs charges $400 per job, but incurs a $200 cost per raw materials. yo...
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