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- DrivingNowhere is producing automobile spare parts. Consider the following data to answer below given questions. Annual demand 30500 Daily demand 100 Daily production 800 Desired lot size 200 Holding cost per uit per year $10 (a) Compute the setup cost so as to comply with the desired lot size. (b) Compute the setup time if hourly setup labor cost is $40.Automobile traffic creates two types of operating costs thatare not created by rail traffic. What are they?Hello can you please help me awnser these questions? Please show full working thank you
