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A toy manufacturer uses 4 6 , 1 7 0 rubber wheels per year for its popular dump truck series. The firm makes its own
A toy manufacturer uses rubber wheels per year for its
popular dump truck series. The firm makes its own wheels, which it
can produce at a rate of per day. The toy trucks are
assembled uniformly over the entire year. Carrying cost is $
per wheel per year. Setup cost for a production run is $ The
firm operates days per year. Determine the following:aOptimal run sizeRound
your answer to a whole number, following normal rules of
rounding.EPQ:bUse your final answer from part a to
determine minimum total annual cost for carrying and
setup.Round your answer to a whole
number.TOTAL ANUAL INVENTORY COST:cCycle time for the optimal run
sizeRound your answer to two decimal
points.CYCLE TIME:
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