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3.0 points de Company ACME has a continuous manufacturing process that can operate 24 hours/day 7 days week. It can produce three products A, B, and C on its production line at the production rates given in table below. But ACME will incur a changeover cost whenever it switches from one product to another. The cost is $100 per changeover. ACME has constant demand for each of its products, as given in the table. The holding cost for each product is also given in the table below: Product Production rate (barrels 1 day) 10 15 20 Demand rate Holding cost (barrels / day) (5 / barrel-day) 5 2 3 2 2 2 B if you were to ignore the fact that the three products share a production resource, what is the economic order quantity (or economic order batch) for each product? Round to the nearest whole number. Product A: 32 32 Product B: 19 19 Product C: 15 Suppose now that each changeover takes 12 hours (one half day) during which no product can be produced. What is the optimal length of the production cycle? Round to the 1st decimal point. Cycle Length (days): ? Hint (1 of 2): Consider the production time and changeover time. The sum should be equal or less than the production cycle length. Hint (2 of 2): Production time = Demand Quantity / Production Rate Given the changeover time of 12 hours and optimal cycle length calculated from Question 3.6, what is the total average cost per day? Round to two decimal places