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$1$

Problem $11\mathrm{.}5$

Question$1/1$ pt

$2$

Problem S$11\mathrm{.}4$

Question$1/1$ pt

$3$

Problem S$11\mathrm{.}9$

Question$0\mathrm{.}5/1$ pt

$4$

Problem S$11\mathrm{.}18$

Question$0\mathrm{.}67/1$ pt

$5$

Problem $12\mathrm{.}1$

Question$0/1$ pt

$6$

Problem $12\mathrm{.}4$

Question$1/1$ pt

$7$

Problem $12\mathrm{.}15$

Question$0\mathrm{.}88/1$ pt

$8$

Problem $12\mathrm{.}20$

Question$0\mathrm{.}5/1$ pt

Selected

$9$

Problem $12\mathrm{.}47$

Question$1/1$ pt

Question content area

Part $1$

Arthur Meiners is the production manager of$$ Wheel$-$Rite, a small producer of metal parts.$$ Wheel$-$Rite supplies$$ Cal$-$Tex, a larger assembly$$ company, with

$11$ comma $30011,300$

wheel bearings each year. This order has been stable for some time. Setup cost for$$ Wheel$-$Rite is

$$$$3939,$

and holding cost is

$$$$0\mathrm{.}500\mathrm{.}50$

per wheel bearing per year.$$ Wheel$-$Rite can produce

$500500$

wheel bearings per day.$$ Cal$-$Tex is a$$ just$-$in$-$time manufacturer and requires that

$4747$

bearings be shipped to it each business day.

Part $2$

$$a$)$ What is the optimum production$$ quantity?

$1,3961,396$

units $($round your response to the nearest whole$$ number$).$

Part $3$

$$b$)$ What is the maximum number of wheel bearings that will be in inventory at$$ Wheel$-$Rite?

$12641264$

units $($round your response to the nearest whole$$ number$).$

Part $4$

$$c$)$ How many production runs of wheel bearings will$$ Wheel$-$Rite have in a$$ year?

enter your response here

runs $($round your response to two decimal$$ places$).$