Question: please dont use chat gpt to answer, does not know how Note: A. Recall that we round order quantity to an integer value in this
Note: A. Recall that we round order quantity to an integer value in this class B. Notice how the wording in the following problems indicates that production is located near the demand Part 1 A manufacturing company operates 255 days a year with an annual demand for component H of 53,550 units. The fabrication department at the company is able to produce 1750 units per day and send them over to assembly while production is in progress. 1. If assembly sends a work order for 15,000 units of component H to fabrication, how long is the order receipt period? 2. Given the order quantity in the previous question, what is the average inventory level for component H ? Part 2 A sauce production facility sells the sauce in an adjoining store. Demand for the sauce is 36 pints per day. Both the store and production facility operate 310 days per year. The company can produce 180 pints per day. It costs $685 to setup a production run. The sauce is stored at an annual cost of $17 per pint. The company wants to use the optimal order quantity. 3. What is the maximum inventory level? 4. How many production runs will be required each year? 5. What is the total annual carrving cost? 6. If the store places an order to the production facility for 1350 pints of sauce (not necessarily the economic order quantity), how many pints of sauce will be sold during the order receipt period
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