Problem $12-4($Algo$)$

A toy manufacturer uses $43,740$ rubber wheels per year for its popular dump truck serles. The firm makes its own wheels, which it can produce at a rate of $900$ per day. The toy trucks are assembled uniformly over the entire year. Carryling cost is $$2\mathrm{.}00$ per wheel per year. Setup cost for a production run is $$40.$ The firm operates $243$ days per year. Determine the following:

a$.$ Optimal run size $($Round your answer to a whole number, following normal rules of rounding.$)$

Answer is complete and correct.

EPQ

b$.$ Use your final answer from part a to determine minimum total annual cost for carrying and setup. $($Round your answer to a whole number.$)$

Answer is complete but not entirely correct.

Total Annual Inventory Cost

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c$.$ Cycle time for the optimal run size $($Round your answer to two decimal points.$)$

Answer is complete but not entirely correct.

Cycle Time

d$.$ Run time $($Round your answer to two decimal polnts.$)$

Answer is complete but not entirely correct.

Run Time

Problem $12-4($Algo$)$

A toy manufacturer uses $43,740$ rubber wheels per year for its popular dump truck serles. The firm makes its own wheels, which it can produce at a rate of $900$ per day. The toy trucks are assembled uniformly over the entire year. Carryling cost is $$200$ per wheel per year. Setup cost for a production run is $$40.$ The firm operates $243$ days per year. Determine the following:

a$.$ Optimal run size $($Round your answer to a whole number, following normal rules of rounding.$)$

Answer is complete and correct.

EPQ

b$.$ Use your final answer from part a to determine minimum total annual cost for carrying and setup. $($Round your answer to a whole number.$)$

Answer is complete but not entirely correct.

Total Annual Inventory Cost