ALSO:

2: Calculate the maximum number or wheel bearings that will be in inventory at Wheel-Rite as follows:

3: Calculate production runs of wheel bearings will Wheel-Rite have in a year as follows:

4: Calculate the total setup plus holding cost for Wheel-Rite as follows:

Thus, the total setup plus holding cost for Wheel-Rite is ___.

requires that 51 bearings be shipped to it each business day. a) What is the optimum production quantity? units (round your response to the nearest whole number)