Rick Wing has a repetitive manufacturing plant producing automobile steering wheels. Use the following data to prepare for a reduced lot size. The firm uses a work year of 295 days. Setup labor cost $60.00 per hour Annual holding cost $17 per unit Daily production (8 hours) 1 comma 040 units/day Annual demand for steering wheels 30 comma 975 (295 daystimesdaily demand of 105 units) Desired lot size (2 hours of production) Q = 260 units a) Setup cost = $ 16.70 (round your response to two decimal places). b) Setup time = 16.7 minutes (round your response to two decimal places).

Anheuser-busch inbev is considering you for an entry-level brand management position. you have been asked to prepare an analysis of the u. s. craft beer industry as part of the selection process. prepare a 3-5 page report that includes a description of the industry’s strategically relevant macro-environmental components, evaluates competition in the industry, assesses drivers of change and industry dynamics, and lists industry key success factors. the company’s management also asks that you propose the basic elements of a strategic action plan that will allow the company to improve its competitive position in the market for craft beer. you must provide a heading in your report for each of the required elements of the assignment.