XYZ business would like to make a certain component internally. Before starting the operation, the company has gathered the following information. -The cost of preparing the equipment for production purpose is 10 Br for each run.
-The annual holding cost is 2 Br per unit.
-The daily inventory builds is 100 units during production period.
-The company operates for 300 days in a year.
Required
A. What is the optimal production quantity
B. What is the minimum total annual inventory cost
C. Determine the Number of run per year
C. Maximum inventory
D. The time that it takes to consume the optimal quantity​

Brian has just finished college. he wants to set up a small business to make and sell fireworks. he registers his company and acquires a license from the government. he finds that most of his competitors are selling fireworks at an extremely low price. he would like to make more money, so he decides to innovate and develop better fireworks. he sells his fireworks at a higher price, and they are a huge hit with the customers. after a few years, he earns enough profit to set up a bigger fireworks factory that complies with the government’s health and safety regulations. he even starts exporting fireworks overseas. which type of economy does this scenario describe?