Question: Problem #3 Is 2nd photo. Please show all work. Problem #4: Using the information from Problem #3, suppose Joe's is considering manufacturing desks instead of

Problem #3 Is 2nd photo. Please show all work.

Problem #4: Using the information from Problem #3, suppose Joe's is considering manufacturing desks instead of ordering from the outside suppliers. It costs $400 to set up a production run, and Joe's has the capacity to manufacture up to 10,000 desks per year. (a) What is the optimal production run size? (b) How many production runs will be made each year

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