LEE's Fantasy Co. produces ice cream bars for the vending machine and has a daily demand for 200 bars. The company has the capacity to produce 180,000 bars per year. The cost of setting up for the bar production is $7.50, and the firm is reluctant to produce too many at one time because the storage cost(refrigeration) is relatively high at 30 percent of the actual bar price. Each ice cream bar is expected to sell at $5.00. The firm supplies vending machines with its "Fantasy Bars" on 360 days of the year at Rowan. (Choose the nearest value up to 2 decimal points from the given answers). What is the level of inventory (i.e., inventory rate - the proportion of the production that goes into inventory)? None of the above O 0.6 O 0.25 O 0.4 O 0.75 LEE's Fantasy Co. produces ice cream bars for the vending machine and has a daily demand for 200 bars. The company has the capacity to produce 180,000 bars per year. The cost of setting up for the bar production is $7.50, and the firm is reluctant to produce too many at one time because the storage cost(refrigeration) is relatively high at 30 percent of the actual bar price. Each ice cream bar is expected to sell at $5.00. The firm supplies vending machines with its "Fantasy Bars" on 360 days of the year at Rowan. (Choose the nearest value up to 2 decimal points from the given answers). What is the level of inventory (i.e., inventory rate - the proportion of the production that goes into inventory)? None of the above O 0.6 O 0.25 O 0.4 O 0.75