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Arthur Meiners is the production manager of Wheel-Rite, a small producer of metal parts. Wheel-Rite supplies Cal-Tex, a larger assembly company, with 10 comma 400 wheel bearings each year. This order has been stable for some time. Setup cost for Wheel-Rite is $39, and holding cost is $0.70 per wheel bearing per year. Wheel-Rite can produce 480 wheel bearings per day. Cal-Tex is a just-in-time manufacturer and requires that 52 bearings be shipped to it each business day. a) What is the optimum production quantity? nothing units (round your response to the nearest whole number).
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Arthur Meiners is the production manager of Wheel-Rite, a small producer of metal parts. Wheel-Rite...
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