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Question content area Part 1 Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at

Question content area
Part 1
Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of per day, and it uses these subcomponents at a rate of per year(of 250 working days). Holding costs are $ per item per year, and ordering costs are $ per order.
Part 2
a) What is the economic production quantity?
542.99 units (round your response to two decimal places).
Part 3
b) How many production runs per year will be made?

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