a) What is the economic production quantity? (round two decimal places)

b) How many production runs per year will be made? (round two decimal places)

c) What will be the maximum inventory level? (round two decimal places)

d) What percentage of time will the facility be producing components? (round two decimal places)

e) What is the annual cost of ordering and holding inventory? (round two decimal places)

Race One Motors is an Indonesian car manufacturer. At its largest manufacturing facility, in Jakarta, the company produces subcomponents at a rate of 295 per day, and it uses these subcomponents at a rate of 12,300 per year (of 250 working days). Holding costs are $2 per item per year, and ordering costs are $32 per order. a) What is the economic production quantity? units (round your response to two decimal places)