Question: Problem 1 2 - 4 ( Algo ) A toy manufacturer uses 4 5 . 4 1 0 rubber wheels per year for its popular

Problem 12-4(Algo)
A toy manufacturer uses 45.410 rubber wheels per year for its popular dump truck series. The firm makes its own wheels, which it can
produce at a rate of 700 per day. The toy trucks are assembled uniformly over the entire year. Carrying cost is $2.00 per wheel per
year. Setup cost for a production run is $38. The firm operates 239 days per year. Determine the following:
a. Optimal run size
Note: Round your answer to a whole number, following normal rules of roundlng.
EPQ
b. Use your final answer from part a to determine minimum total annual cost for carrying and setup.
Note: Round your answer to a whole number.
c. Cycle time for the optimal run size
Note: Round your answer to two decimal polnts.
d. Run time
Note: Round your answer to two decimal polnts.
 Problem 12-4(Algo) A toy manufacturer uses 45.410 rubber wheels per year

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