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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 3 1

Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of 310 per day, and it uses these subcomponents at a rate of 12,300 per year(of 250 working days). Holding costs are $3 per item per year, and ordering costs are $32 per order.
Part 2
a) What is the economic production quantity? 558.48558.48 units (round your response to two decimal places).
Part 3
b) How many production runs per year will be made? enter your response here production runs (round your response to two decimal places).

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