Question: TOMAR Electronics, in Gilbert, Arizona, makes lightbars for industrial applications. The company operates its production facility 300 days per year. It has orders for about

TOMAR Electronics, in Gilbert, Arizona, makes lightbars for industrial applications. The company operates its production facility 300 days per year. It has orders for about 12,000 lightbars per year and has the capability of producing 100 per day. Setting up the lightbars production costs $500. The cost of each lightbar is $100. The holding cost is $10 per light per year. A. What is the optimal size of the production run? B. How many lots need to be produced in a year? C. What is the average holding cost per year? D. What is the average setup cost per year? E. Approximately how long does inventory last once the production stops

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