ABC Co. manufactures a subcomponent at the rate of 400 per day when required. Its annual demand for this item is 50,000 units. Assume 250 working days per year. Holding cost is $10 per unit per year. Set-up cost is 600 per set-up.    Find:    a) Economic production quantity.    b) How many production runs will be made per year.    c) What will be the maximum inventory level?

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