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JL . 5 3 Bob's Bumpers has a repetitive manufacturing facility in Kentucky that makes automobile bumpers and other auto body parts. The facility operates
JL Bob's Bumpers has a repetitive manufacturing facility in Kentucky that makes automobile bumpers and other auto body parts. The facility operates days per year and has annual demand of bumpers. They can produce up to bumpers each day. It costs $ to set up the production line to produce bumpers. The cost of each bumper is $ and annual holding costs are $ per unit. Setup labor cost is $ per hour.
What is the optimal size of the production run for bumpers? Display your answer to the nearest whole number.
Based on your answer to the previous question, and assuming the manufacturer holds no safety stock, what would be the average inventory for these bumpers? Display your answer to the nearest whole number.
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