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 wheel bearings each year. This order has been stable for some time. Setup cost for$$ Wheel$-$Rite is $$$$,$ and holding cost is $$$ per wheel bearing per year.$$ Wheel$-$Rite can produce wheel bearings per day.$$ Cal$-$Tex is a$$ just$-$in$-$time manufacturer and requires that bearings be shipped to it each business day.