Wilson Publishing Company produces books for the retail market. Demand for a current book is expected...

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Wilson Publishing Company produces books for the retail market.Demand for a current book is expected to occur at a constant annualrate of 7200 copies. The cost of one copy of the book is $13.5. Theholding cost is based on an 21% annual rate, and production setupcosts are $170 per setup. The equipment on which the book isproduced has an annual production volume of 25000 copies. Wilsonhas 250 working days per year, and the lead time for a productionrun is 12 days. Use the production lot size model to compute thefollowing values:

Minimum cost production lot size. Do not round intermediatevalues and round your final answer to two decimal places.

Q* = Number of production runs per year. Do not roundintermediate values and round your final answer to two decimalplaces.

Number of production runs per year = Cycle time. Do not roundintermediate values and round your final answer to two decimalplaces.

T = days Length of a production run. Do not round intermediatevalues and round your final answer to two decimal places.

Production run length = days Maximum inventory. Do not roundintermediate values and round your final answer to two decimalplaces.

Maximum inventory = Total annual cost. Do not round intermediatevalues and round your final answer to two decimal places. Totalcost = $

Reorder point. Do not round intermediate values and round yourfinal answer to two decimal places. r =

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