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A toy manufacturing uses 40,000 rubber wheels per year for its popular dump truck series. The firm makes its own wheels, which it can produce
A toy manufacturing uses 40,000 rubber wheels per year for its popular dump truck series. The firm makes its own wheels, which it can produce at a rate of 600 per day. The toy trucks are assembled uniformly over the entire year. Carrying cost is $1 per wheel a year. Setup cost for a production run of wheels is $40. The firm operates 240 days per year. What is the approximate optimal run size (Round up the number)? O 1289 O 2105 3345 5456 4012
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