Radovilsky Manufacturing Company, in Hayward, California, makes flashing lights for toys. The company operates its production facility 300 days per year. It has orders for about 11,900 flashing lights per year and has the capability of producing 100 per day. Setting up the light production costs $48. The cost of each light is $1.05. The holding cost is $0.05 per light per year. a) What is the optimal size of the production run? 6,154 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). O

a) What is the opbimal size of the production rum? 6,154 units (found your msponse to the nearost whole number) B) Vhat is the average holding cost per year? (found your response to No decimat placest)