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Problem 10-13 (Algorithmic) Wilson Publishing Company produces books for the retail market. Demand for a current book is expected to occur at a constant annual

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Problem 10-13 (Algorithmic) Wilson Publishing Company produces books for the retail market. Demand for a current book is expected to occur at a constant annual rate of 7,400 coples. The cost of one copy of the book is $12.5. The holding cost is based on an 16% annual rate, and production setup costs are $150 per setup. The equipment on which the book is produced has an annual production volume of 21,500 coples. Wilson has 250 working days per year, and the lead time for a production run is 15 days. Use the production lot size model to compute the following values: . Minimum cost production lot size. Round your answer to the nearest whole number. Do not round Intermediate values. Q" Accounting numeric field b. Number of production runs per year. Round your answer to two decimal places. Do not round intermediate values. Number of production runs per year c. Cycle time. Round your answer to two decimal places. Do not round intermediate values. T- days d. Length of a production run. Round your answer to two decimal places. Do not round intermediate values. Production run length days e. Maximum inventory. Round your answer to the nearest whole number. Do not round intermediate values. Maximum inventory Total ansalnet ind i aner in the nearest antar nannt und intermediate value Check My Work 2 more Check My Work uses remaining Previous a. Minimum cost production lot size. Round your answer to the nearest whole number. Do not round Intermediate values. b. Number of production runs per year. Round your answer to two decimal places. Do not round Intermediate values. Number of production runs per year - c. Cyde time. Round your answer to two decimal places. Do not round intermediate values. T- days d. Length of a production run. Round your answer to two decimal places. Do not round intermediate values. Production run length - days e. Maximum inventory. Round your answer to the nearest whole number. Do not round intermediate values. Maximum inventory - f. Total annual cost. Round your answer to the nearest dollar. Do not round intermediate values. Total annual cost = $ 9. Reorder point. Round your answer to the nearest whole number. Do not round intermediate values

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