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Pattaya Specialty Foods can produce its famous meat pies at a rate of 1 , 6 5 0 cases of 4 8 mango pies each

Pattaya Specialty Foods can produce its famous meat pies at a rate of 1,650 cases of 48 mango pies each per day. The firm distributes the mango pies to regional stores and restaurants at a steady rate of 250 cases per day. The cost of setup, cleanup, idle time in transition from other products to pies, etc., is $320. Annual holding costs are $11.50 per case. Assume 250 days per year.
(a) Determine the optimum production run (batch size)
(b) Determine the number of production runs per year.
(c) Determine maximum inventory.
(d) Determine total inventory-related (setup and carrying) costs per year (rounded to the nearest dollar).

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