Yes, we have an automatic tool changer with 24 tools. A production machining center is useless without a tool changer. For a one-off job like this, I don't load all the tools in advance, I load them for each program. I've probably removed and loaded the same tool a couple times. Not very effecient, but I'm programming as I go and don't know in advance what tools I'll use.
For this and AR15 recievers there are a minimum of 7 groups of operations. Right side, left side, front, back, top, bottom, and the grip screw hole. I'm doing probably 8 or 9 since I'm leaving some steps out until the very end (like the trigger guard slot). Ideally, I'd be doing this on a 4th axis fixture, which I have figure out to be able to do in 3 setups. One of the setups would be just to drill the grip hole and I'd do that off the 4th axis fixture. So basically, two setups would finish the receiver then just stack a bunch on another machine to drill nothing but the grip holes. If I was in production, that's how I'd do it. The machine could run lights out with multiple recievers stacked on the fixture.