15 pts] A company manufactures hair dryers. It buys some of the components, but it makes the heating Element, which it can produce at the rate of 800 per day. Hair dryers are assembled daily, 250 day, at a rate of .00 per day. Because of the disparity between the production and usage rates, the heating elements are periodically produced in batches of 2,000 units. a. Approximately how many batches of heating elements are produced annually? b. If production on a batch begins when there is no inventory of heating elements on hand, how much inventory will be on hand two days later? c. What is the average inventory of heating elements (assuming each production cycle begins when there are none on hand? d. The same equipment that is used to make the heating elements could also be used to make a component for another of the rm's products. That job would require 4.5 days, including setup. Is there enough time to do this job between production batches of the heating elements for hair dryers? Justify using calculations