Business, 08.04.2021 21:00 jackiesantos1298

A toy manufacturer uses 44,840 rubber wheels per year for its popular dump truck series. The firm makes its own wheels, which it can produce at a rate of 800 per day. The toy trucks are assembled uniformly over the entire year. Carrying cost is $1.00 per wheel per year. Setup cost for a production run is $49. The firm operates 236 days per year. Determine the following: a. Optimal run size (Round your answer to a whole number, following normal rules of rounding.) b. Use your final answer from part a to determine minimum total annual cost for carrying and setup. (Round your answer to a whole number.) c. Cycle time for the optimal run size (Round your answer to two decimal points.) d. Run time (Round your answer to two decimal points.)

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A toy manufacturer uses 44,840 rubber wheels per year for its popular dump truck series. The firm ma...

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