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A toy manufacturer uses 5 2 , 5 8 0 rubber wheels per year for its popular dump truck series. The firm makes its own

A toy manufacturer uses 52,580 rubber wheels per year for its popular dump truck series. The firm makes its own wheels, which it can produce at a rate of 700 per day. The toy trucks are assembled uniformly over the entire year. Carrying cost is $1.30 per wheel per year. Setup cost for a production run is $49. The firm operates 239 days per year. Determine the following:
a. Optimal run size (Round your answer to a whole number, following normal rules of rounding.)
EPQ
b. Use your final answer from part a to determine minimum fotal annual cost for carrying and setup. (Round your answer to a whole number.)
Total Annual Inventory Cost
c. Cycle time for the optimal run size (Round your answer to two decimal points.)
Cycle Time
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