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JL 5 3 Bob's Bumpers has a repetitive manufacturing facily in Kentucky that makes automobile bumpers and other aufo body parts. The lacily operates 3
JL Bob's Bumpers has a repetitive manufacturing facily in Kentucky that makes automobile bumpers and other aufo body parts. The lacily operates days per year and has annual dernand of bumpers Thery can produce up io bumpers each day it costs lo set up the production line to produce bumpers. The cost of each bumper is and annual holding costs are per unt. Setup labor cost is $ per hour.
What is the optimal size of the production run for bumpers? Display your answer to the nearest whole numbet.
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
Based on your answat two questions bsck how many produchicn runs will be recured each year to satisty demand? HINT. As a general rule, whenever caiculating a value that is based on previous calculations in Excet, ahways be stre to tuse cell references father than a rounded value as a caiculation input. Display your answer to the appropriate whole number.
Suppose the customer an auto manufacturer Wants to purchase in lots of and that Boo's Bumpers is able to reduce setup costs to the point where is now the optimal production run quantity. How much will they save in annual holding costs with this new lower production quantity? Display your answer to two decimal places.
How much will they save in annual selup costs with this new iower producton quantity? Desplay your answer to two decimal places.
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