Bakery shop produces specific product The bakery, which operates 200 days per year, can produce the product at the rate of 10 pies per day. The setup cost for a production run is $200. The cost of holding product in storage is $20 per product per year. The annual demand is 1000 units per year and 4 unit per day. Determine the following: a. The optimal production quantity b. Number of production runs per year c. Length of production run d. Annual holding cost.