Our material handling cost is $3.75.
What is cost?
A cost function is a mathematical formula used to used to chart how production expenses will change at different output levels.
How to find the cost per process?
Material handlers make $15 per hour
If it takes them about 15 minutes to complete this process then process in an hour is 60/15 =4
The cost per process is 15/4 =3.75.
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