Question 3 (25 points). The dedicated production line with the following figures Production setup cost Holding cost Demand Capacity ($/setup) ($ for each PCS/year) (PCS/year) (PCS/year) 500 0.71 88.800 400,000 a. Determine: i) The optimal production quantity (05 points) ) The total annual inventory cost (05 points) iii) The number of production runs per year (05 points) iv) The maximum inventory level (05 points) b. Ifit has only enough storage space to hold a maximum of 6,331 PCS in inventory, how will that affect total annual inventory costs? (05 points)