M/s Kobo Bearing Limited is committed to supply 24,000 bearings for fans per annum on a steady daily basis. It is estimated that it cost 10 paise as inventory holding cost per bearing per month and that the set up cost per run of bearing manufacturing is Rs. 324/-. (i) What should be the optimum run size for bearing manufacturing? (ii) What should be the interval between two consecutive optimum runs? (iii) Find out minimum inventory holding cost