The Bancroft Manufacturing Company can turn out products at the rate of 14,000 a day. Usage is 4,000 units a day. The cost of a setup for production is $1000. The number of units used in a year is 1,440,000. The carrying cost per unit per year is $28. The optimum production lot size is: The Min cost Is: a. 14.000 a. $200,000 4.000 b. $650,000 1,440.000 $800,000 12,000 $240,000 25,000 $150,000 Indicate the right answer, only one for each column