None A toy manufacturer uses 45,980 rubber wheels per year for its popular dump truck series. The firm makesits own wheels, which it can produce at a rate of 900 per day. The toy trucks are assembled uniformlyover the entire year. Carrying cost is per wheel per year. Setup cost for a production run is. The firmoperates 242 days per year. Determine the following: a. Optimal run size (Round your answer to a wholenumber, following normal rules of rounding.) b. Use your final answer from part a to determineminimum total annual cost for carrying and setup. (Round your answer to a whole number.) c. Cycle timefor the optimal run size (Round your answer to two decimal points.)

Answered: Image /qna-images/answer/0ac4e04f-2c8b-4739-b0e8-82927d690ed1.jpg

Answered: A toy manufacturer uses 45,980 rubber…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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