b) If the production rate of processing the product is 24000 per year and the set up cost per set up is 240 Dollar. The demand and the inventory holding costs are the same as in a). Assuming that selling of the product starts from the beginning of production, i. Determine the production quantity of the product in one set up of the production process. ii. The amount of the product sold during production. iii. The cycle time and the number of deliveries per year iv. The annual minimum total cost of set up and inventory holding for delivering the product. b) If the production rate of processing the product is 24000 per year and the set up cost per set up is 240 Dollar. The demand and the inventory holding costs are the same as in a). Assuming that selling of the product starts from the beginning of production, i. Determine the production quantity of the product in one set up of the production process. ii. The amount of the product sold during production. iii. The cycle time and the number of deliveries per year iv. The annual minimum total cost of set up and inventory holding for delivering the product