1.9The starting work part costs $3.25 in a batch production operation. Batch quantity = 100 parts.Each cycle, part handling time 1.50 min, and operation time 1.67 min. Setup time 60

min.Equipment cost rate = $40.00/hr, and labor cost rate = $20.00/hr, including overhead costs. There is no tool change or tool cost in the operation. The machine tool is 100% reliable, and scrap rate = 10%. Determine (a) production rate, (b) finished part cost, and (c) number of hours required to complete the batch.