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Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of 2 9

Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of 290 per day, and it uses these subcomponents at a rate of 12,500 per year(of 250 working days). Holding costs are $3 per item per year, and ordering costs are $31 per order.
Part 2
a) What is the economic production quantity? 558.71558.71 units (round your response to two decimal places).
Part 3
b) How many production runs per year will be made? 22.3722.37 production runs (round your response to two decimal places).
Part 4
c) What will be the maximum inventory level? 462.38462.38 units (round your response to two decimal places).
Part 5
d) What percentage of time will the facility be producing components? enter your response here%(enter your response as a percentage rounded to two decimal places).

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