Ilishing Company produces books for the retail market. Demand for a current book is expected to occur at a constant annual rate of $7,400$ copies. The cost of on $9$ cost is based on an $18\%$ annual rate, and production setup costs are $$150$ per setup. The equipment with which the book is produced has an annual productior $250$ working days per year, and the lead time for a production run is $15$ days. Use the production lot size model to compute the following values. $($Round your ar

mum cost production lot size