Question: Answer fast please ROLL NO. 1. (13 marks) Billl's Ice Cream makes 4 different flavors of ice cream using their secret process and top secret

Answer fast please ROLL NO. 1. (13 marks) Billl's Ice Cream makes 4 different flavors of ice cream using their secret process and

Answer fast please

top secret recipes Each of their flavors is equally popular and experiences

a demand of 12000 kg/year. Bill's process is capable of producing 300

ROLL NO. 1. (13 marks) Billl's Ice Cream makes 4 different flavors of ice cream using their secret process and top secret recipes Each of their flavors is equally popular and experiences a demand of 12000 kg/year. Bill's process is capable of producing 300 kg/day once they incur the $80 setup cost. The ice cream holding cost is 20% of the $17 per kg price, Bill's plant runs 300 days a year. a. Determine the economic production quantity.b. If Bill chooses to use the economic production quantity, what is the annual cost? c. What would be the production run time

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