urgent

Ralph Nader is the production manager for a local manufacturing firm. This company produces staplers and other items. The annual demand for a particular stapler is 1,600 units. The holding cost is $2 per unit per year. The cost of setting up the production line is $25. There are 200 working days per year. The production rate for this product is 80 per day. 1. What is the optimal quantity to produce? 2. What would is the maximum inventory level? (3 pts) (2 pts) pts) 3. How long should the production part of the cycle last? (3 4. Calculate the total inventory cost? (2 pts)