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Arthur Meiners is the production manager of Wheel - Rite, a small producer of metal parts. Wheel - Rite supplies Cal - Tex, a larger

Arthur Meiners is the production manager of Wheel-Rite, a small producer of metal parts. Wheel-Rite supplies Cal-Tex, a larger assembly company, with 9,600 wheel bearings each year. This order has been stable for some time Setup cost for Wheel-Rite is $39, and holding cost is $0.80 per wheel bearing per year. Wheel-Rite can produce 510 wheel bearings per day. Cal-Tex is a just-in-time manufacturer and requires that 47 bearings be shipped to it each business day.
a) What is the optimum production quantity? 1,015 units (round your response to the nearest whole number).
b) What is the maximum number of wheel bearings that will be in inventory at Wheel-Rite? units (round your response to the nearest whole number).N
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