Question: answer in excel with detail please Problem 1: 5 pts A manufacturer capacity is equal to 60 products per work day. The annual demand reaches

answer in excel with detail please

Problem 1: 5 pts A manufacturer capacity is equal to 60 products per work day. The annual demand reaches 11,520 units per year. The manufacturer operates 6 days per week and 48 weeks per year. The cost to switch the production line from one type of product to the other is $50,000. It costs $1,000 to store on product for one year. a. What is the economic lot size? What is the total annual cost? b

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