5 pts Question 7 For the next 6 questions, consider the inventory situation described below. A company in Atlanta, GA manufactures ceramic floor tile. The company manufactures the tiles in 100 different sizes and colors. One type of tile is the AD200E which is a half-inch thick, hexagonal tile having an adobe color pigment. Demand for the AD200E is fairly steady and averages to 80,000 tiles per year. In order to produce a batch of the AD200E, the company must shut down its production line, clean machinery, load pigments and other raw materials into machines and carry out test runs to check quality. These activities usually require 40 hours of labor. Once the production line is ready to manufacture the AD200E, the tiles are produced by the production crew with an average of 0.15 person-hours of labor per tile. The raw material required for each tile costs $0.25. Tile making is a year-round business. The company operates 365 days per year. The average wage rate in the production facility is 15 $/person-hour. The company president recently read in a trade journal that the holding cost rate for inventory in the construction supply industry is typically 30% per year. This publication has prompted the president to review her inventory policy for the AD200E. If the company produces the AD200E in batches of 7,000 tiles, how many calendar days will one batch last, on average? O 15 > 15 and 25 and -35