part d **Race One Motors: Production Analysis**Race One Motors, an Indonesian car manufacturer, operates a major manufacturing facility in Jakarta. Here, the company produces subcomponents at a rate of 290 per day, operating across 250 working days annually, resulting in a total production of 12,700 units per year. The cost management involves holding costs set at $2 per item per year and ordering costs of $31 per order.**Production and Inventory Metrics:**a) **Economic Production Quantity**: The facility's optimal production lot size is calculated to be **690.88 units**.b) **Annual Production Runs**: The facility will perform approximately **18.38 production runs** each year.c) **Maximum Inventory Level**: The peak inventory level is estimated to be **569.86 units**.d) **Facility Production Time**: Calculating the proportion of time the facility dedicates to production processes involves further calculation not detailed in the text.These metrics are essential for optimizing production efficiency and minimizing costs related to holding and ordering. For comprehensive understanding, one may apply formulas related to Economic Production Quantity (EPQ) models to derive these results.

Production is the process in which inputs are combined to have the required output. It includes a…

Answered: d) What percentage of time will the…

Practical Management Science

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d) What percentage of time will the facility be producing components?% (enter your response as a percentage rounded to two decimal places).