URGENT URGENT URGENT

6. XYZ is a small new company that gained much attention by offering fresh mango juice in creatively designed mango shaped glass bottles. The company sells mango juice throughout the year and produces mango shaped glass bottles in its own factory. After entering the market with fresh mango juice offered in mango shaped glass bottles, every year XYZ uses 72,000 pieces of glass bottles which the company produces at a rate of 1200/day. The company uses a batch process for production and pays $150 every time it runs production. The carrying cost is 50 cents or $0.50 per bottle a year, the company operates for *** days (choose any value for *** from 240 - 250) per year. Based on the given information, a. What will be the optimal run size? (1.5 marks) b. Based on the optimum production size what will be the minimum total inventory cost including carrying and setup cost annually. (1.5 marks) c. What will be the cycle time? (1 mark) d. What will be the production time required for optimal production size? (1 mark)