a What is the optimum production quantity? (round your response to the nearest whole number).

b) What is the maximum number of wheel bearings that will be in inventory at Wheel-Rite? (round your response to the nearest whole number).

c) How many production runs of wheel bearings will Wheel-Rite have in a year? (round your response to two decimal places).

d) What is the total setup plus holding cost for Wheel-Rite? $ (round your response to two decimal places).

Arthur Meiners is the production manager of Wheel-Rite, a small producer of metal parts. Wheel-Rite supplies Cal-Tex, a larger assembly company, with 10,800 wheel bearings each year. This order has been stable for some time. Setup cost for Wheel-Rite is $39, and holding cost is $0.80 per wheel bearing per year. Wheel-Rite can produce 480 wheel bearings per day. Cal-Tex is a just-in-time manufacturer and requires that 51 bearings be shipped to it each business day