d) run time ( round to 2 decimal places)

A toy manufacturer uses 47400 rubber wheels per year for its popular dump truck series. The firm makes its own wheels, which it can produce at a rate of 1,000 per day. The toy trucks are assembled uniformly over the entire year. Carrying cost is $1.80 per Wheel per year. Setup cost for a production run is $47. The firm operates 237 days per year. Determine the following: a. Optimal run size (Round your answer to a whole number, following normal rules of rounding.) b. Use your final answer from part a to determine minimum total annual cost for carrying and setup. (Round your answer to a whole number.) Total Annual Inventory Cost c. Cycle time for the optimal run size (Round your answer to two decimal points.) Cycle Time