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

9,700

wheel bearings each year. This order has been stable for some time. Setup cost for Wheel-Rite is

$42,

and holding cost is

$0.50

per wheel bearing per year. Wheel-Rite can produce

460

wheel bearings per day. Cal-Tex is a just-in-time manufacturer and requires that

50

bearings be shipped to it each business day.

Part 2

a) What is the optimum production quantity?

units (round your response to the nearest whole number).