JL.53 Bob's Bumpers has a repetitive manufacturing facility in Kentucky that makes automobile bumpers and other auto body parts. The facility operates 270 days per year and has annual demand of 79,000 bumpers. They can produce up to 360 bumpers each day. It costs $82 to set up the production line to produce bumpers. The cost of each bumper is $122 and annual holding costs are $22 per unit. Setup labor cost is $23 per hour. What is the optimal size of the production run for bumpers? (Display your answer to the nearest whole number.) 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.) Number Based on your answer two questions back, how many production runs will be required each year to satisfy demand? HINT: As a general rule, whenever calculating a value that is based on previous calculations in Excel, always be sure to use cell references rather than a rounded value as a calculation input. (Display your answer to the appropriate whole number.) Number Suppose the customer (an auto manufacturer) wants to purchase in lots of 690 and that Bob's Bumpers is able to reduce setup costs to the point where 690 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.) Number How much will they save in annual setup costs with this new lower production quantity? (Display your answer to two decimal places.) Number

53 Bob's Bumpers has a repetive manutacturing facility in Kentucky that makes automobile bumpers and other auto body parts. The facility operates 70 days per year and has annual demand of 79,000 bumpers. They can produce up to 360 bumpers each day it costs see to set up the production line fo roduce bumpers. The cost of each bumper is \$122 and annual holding costs are \$22 per unit. Sotup labor cost is $23 per hour. What is the optimal size of the production nun for bumpers? (Display your answer to the nearest whole number) Based on your answer to the previous question, and assuming the manulacturer holds no safety stock, what would be thie average inventory for these bumpers? (Display your answer to the nearest whole number) Bated on your answer two questions back, how many production runs will be required each year to satisfy demand? HiNT: As a general rule, whenever caiculating a value that is based on provious catculations in Excel, ahways be sure to use cell reforences rather than a rounded value as a calculation input. fotsoliv vout answer to the appropitate whole number) Thupose the customer (an auto manutactueen wants to purchase in lots of 690 and that Bobry Bumpors is atle to reduce setup costs to the point where 690 is now the optimal production fun quantity. How much will they save in arriual holding costs with this new lower production quantiry? (D splay your answer to