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Emarpy Appliance is a company that produces all kinds of major appliances. Bud Banis, the president of Emarpy, is concerned about the production policy for

Emarpy Appliance is a company that produces all kinds of major appliances. Bud Banis, the president of Emarpy, is concerned about the production policy for the company's best-selling refrigerator. The annual demand for this has been about 7,500 units each year, and this demand has been constant throughout the year. The production capacity is 210 units per day. Each time production starts, it costs the company $120 to move materials into place, reset the assembly line, and clean the equipment. The holding cost of a refrigerator is $46 per year. The current production plan calls for 420 refrigerators to be produced in each production run. Assume there are 250 working days per year.
Part 2
a) What is the daily demand of this product? 3030 units (enter your response as a whole number).
Part 3
b) If the company were to continue to produce 420 units each time production starts, how many days would production continue? 22 days (enter your response as a whole number).
Part 4
c) Under the current policy, how many production runs per year would be required? 1818 runs (round your response to the nearest whole number).
Part 5
What would the annual setup cost be?$enter your response here (round your response to the nearest whole number).

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