1. Radovilsky Manufacturing Company, in Hayward, California, makes flashing lights for toys. The company operates its production facility 300 days per year. It has orders for about 11500 flashing lights per year and has the capability of producing 100 per day. Setting up the light production costs $51. The cost of each light is $1.00. The holding cost is $ 0.05 per light per year a) What is the optimal size of the production run? enter your response here units (round your response to the nearest whole number). b) What is the average holding cost per year? c) What is the average setup cost per year? d) What is the total cost per year, including the cost of the light? 2. Rocky Mountain Tire Center sells 9,000 go-cart tires per year. The ordering cost for each order is $35, and the holding cost is 40% of the purchase price of the tires per year. The purchase price is $22 per tire if fewer than 200 tires are ordered, $16 per tire if 200 or more, but fewer than 8,000, tires are ordered, and $15 per tire if 8,000 or more tires are ordered. a) How many tires should Rocky Mountain order each time it places an order? Rocky Mountain's optimal order quantity is enter your response here units (enter your response as a whole number) b) What is the total cost of this policy