Problem 870503: Do not include anything other than numbers in your responses. For example, do not include comma or dollar sign in your numbers. As a rule of thumb, keep 2 decimal places for larger numbers and 3 decimal places for smaller numbers less than 1. A large bakery makes cakes for freezing and subsequent sale. The bakery can produce cakes at the rate of 197 cakes per day. The bakery sets up the cake-production operation and produces until a predetermined number (Q) have been produced. When not producing cakes, the bakery uses its personnel and facilities for producing other bakery items. The setup cost for a production run of cakes is $100. The cost of holding frozen cakes in storage is $9 per cake per year. The annual demand for frozen cakes, which is constant over time, is 54600 cakes. Assume 364 days a year and 52 weeks a year. What is the "daily" demand rate? How many frozen cakes to produce in a production cycle? (keep two decimal places) How many cakes are in the freezers when the bakery stops the production in a given production cycle? (keep two decimal places)