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A chemical plant produces sodium bisulfate in 1 0 0 k g bags. Demand for this product is 3 2 tonnes per day. The capacity

A chemical plant produces sodium bisulfate in 100kg bags. Demand for this product is 32 tonnes per day. The capacity for producing this product is 60 tonnes per day. Setup cost is $460, and holding cost is $220 per tonne per year. The company operates 200 days a year. (Note: 1 tonne =1,000kg.
. What is the optimal number of bags per production run? (Round your internedlinte calcultetlons to 2 declimal places and the tinal answer to the nearest whole number.)
Optimal number of bags
b. What would the average inventory level be for this lot size? (Rourd your internedlene ceiculetions to 2 decinal pilaces end the Inal answer to the netrest whole numbery
Average inventory bags
c. Determine the approximate length of a production run, In days. (Round the internectlate calculetlons and finel answer to 2 decinel pleces-
Run length days
d. About how many production runs per year would there be?(Found your interniedligte calculatlons to 2 declimal places and the Tral answer to 1 decinval place.)
Runs per year
e. How much could the company save annually in inventory control cost if the setup cost could be reduced to $230 per productlon run and the optimal production quantity is recalculated and used? (Rourd the irternediste calculations ond finel answer to 2 decimal pleces.
Annual Savings $
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