A toy manufacturer uses 48.000 rubber wheels per year for its popular dump- truck series. The firm makes its own wheel, which it can produce at a rate of 800 pe

A toy manufacturer uses 48.000 rubber wheels per year for its popular dump- truck series. The firm makes its own wheel, which it can produce at a rate of 800 per day. The toy trucks are assembled uniformly over the entire year. Carrying cost is Br 1.00 per wheel a year: Set up cost for a production and change over from the previous production is Br. 45.00. The firm operates 240 days per year. Determine each of the following. 11. The optimum Size (EPQ)? 12. The minimum total inventory cost? 13. The cycle time for the optimal size? 14. The run time? 15. The number of production runs in a year?​