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ABS factory sells filters at a steady rate of 1 5 0 0 0 per year. ABS estimates that the cost of setup per production

ABS factory sells filters at a steady rate of 15000 per year. ABS estimates that the cost of setup per production run is equal to $500. Holding cost of each filter is $50 per year. Capacity of production for ABS factory is 25000 units per year. Factory works 240 days per year.

a) What should be the amount of the production for each run to minimize the costs?

b) What is the maximum inventory level

c) What is the total number of production runs per year.

d) What is the length of each production run?

e) What is the time between productions? 

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