Final Exam

Question $4$ of $4$

This test: $20$ point$($s$)$ possible

This question: $6$ point$($s$)$ possible

on list

tion $1$

tion $2$

tion $3$

Radovilsky Manufacturing Company, in Hayward, California, makes flashing lights for toys. The company operates its production facility $300$ days per year, It has orders for about $11,500$ flashing lights per year and has the capability of producing $105$ per day. Setting up the light production costs $$52.$ The cost of each light is $$1\mathrm{.}05.$ The holding cost is $$0\mathrm{.}10$ per light per year.

a$)$ What is the optimal size of the production run? $$ units $($round your response to the nearest whole number$).$

b$)$ What is the average holding cost per year? $ $($round your response to two decimal places$).$

c$)$ What is the average setup cost per year? $ $($round your response to two decimal places$).$

d$)$ What is the total cost per year, including the cost of the lights? $ $($round your response to two decimal places$).$