28. A manufacturer of food processors has annual sales of 20,000 units. The manufacturer operates 250 days a year and produces 200 units per day. The setup cost is Rs 600 for a production run. The food processors cost Rs 400 to produce. The inventory holding cost fraction is 0.025 per year.

(a) What is the most economical batch size (EBQ)?

(b) What is the minimum annual total of inventory holding costs and setup costs?

(

c) What is the number of production runs per year?

(

d) How many days are required for the production of each batch?

(

e) What is the maximum inventory on hand for the EBQ?