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The following data is available for machining a component on a turret or center lathe: find out the total number of components to be machined to justify the use of turret lathe

 

TURRET LATHE

CENTER LATHE

Machining time per piece

              4 min

            14 min

Operator wages (Rs/hr)2.0

               2.0

               4.5

Machine overheads (Rs/hr)

               4.0

               2.5

Set up time

         3hrs/batch

         2hrs/batch

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