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Chemical plant produces sodium bisulfate in 1 3 0 kg bagsDemand for this product is 3 4 tonnes per dayThe capacity for producing s product

Chemical plant produces sodium bisulfate in 130 kg bagsDemand for this product is 34 tonnes per dayThe capacity for producing s product is 60 tonnes per daySetup cost is $480and holding cost is $230 per tonne per year. The company operates 200 days a ar(Note: tonne =1.000 kgWhat is the optimal number of bags per production run? Round your intermediate calculations to 2 decimal places and the final swer to the nearest whole number)ptimal number of bagsWhat would the average inventory level be for this lot size? Round your intermediate calculations to 2 decimal places and the nal answer to the nearest whole number)verage InventorybagsDetermine the approximate length of a production runin daysRound the intermediate calculations and final answer to 2Becimal places.Run lengthdaysdAbout how many production runs per year would there be? Round your intermediate calculations to 2 decimal places and the Final answer to 1 decimal place)Runs per yeare. How much could the company save annually in inventory control cost if the setup cost could be reduced to $240 per production run and the optimal production quantity is recalculated and used? Round the intermediate calculations and final answer to 2 decimal

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