Question: I checked all over Chegg for this solution and all the answers are wrong. Don't post another person's solution or I will downvote and report.

I checked all over Chegg for this solution and all the answers are wrong. Don't post another person's solution or I will downvote and report. If you can't solve it then move on. Thanks!

I checked all over Chegg for this solution and

.. 12.19 Al-Arabi Manufacturing Company manufactures dif- ferent types of knobs for doors in its manufacturing facility in 6th of October, Egypt. The company operates its production facility 250 days per year. The demand for the steel knobs is 25,000 units per year, while the daily production capacity of the facility is 500 units per day. The cost of each steel knob is E200, the annual holding cost is E3 per knob and the setup cost is E1,500. a) What is the optimal size of the production run? b) What is the average holding cost per year? c) What is the average setup cost per year? d) What is the total cost per year, including the cost of the knobs? PX

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