Question: please do not use excel. please show all the steps. Anisul, Arif and Masudur are friends. Together they run their own clothing store which is

please do not use excel. please show all theplease do not use excel. please show all the steps.

Anisul, Arif and Masudur are friends. Together they run their own clothing store which is exclusively designed by themselves. To produce clothes, they use 20,000 raw materials per year. They process their own raw material, where they can produce those at a rate of 450 per day. Throughout the year, they design and make their products in the same way. Carrying cost for each raw material is 200 cents a year, where the setup cost is $35. They operate 280 days per year. Determine the 1. Optimal order size. II. Average Inventory. Minimum total annual cost for carrying and set up. Number of runs. V. Production run time. Cycle time for the optimal run size. How much the company can save annually if the setup cost could be reduced to $15 per run? III. IV. VI. VII

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