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pls help. the second picure shows the follow up questions in the same problem. thanks! Radovilsky Manufacturing Company, in Hayward, Califomia, makes fashing lights for
pls help. the second picure shows the follow up questions in the same problem. thanks!
Radovilsky Manufacturing Company, in Hayward, Califomia, makes fashing lights for toys. The company oporates its production faclity 300 days per year it has orderi for about 12,000 flashing lights per year and has the capability of producing 100 per day, Setting up the light production costs $48. The cost of esch light is 50.95 . The holding cost is $0. 10 per light per year. a) What is the optimal size of the production run? units (round your response to the nesrest whole number). a) What is the optimal size of the production run? units (round your response to the nearest whole number). b) What is the average holding cost per year? $ (round your response to two decimal places). c) What is the average setup cost per year? $ (round your response to two decimal places). d) What is the total cost per year, including the cost of the lights? $ (round your response fo two decimal places) Step by Step Solution
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