Race One Motors is an Indonesian car manufacturer. At itslargest manufacturing f

Race One Motors is an Indonesian car manufacturer. At itslargest manufacturing facility in Jakarta the company producessubcomponents at a rate of 300 per day and it uses thesesubcomponets at a rate of 12500 per year(of 250 working days).Holding costs are $2 per item per year and ordering costs are $30per order. a)What is the economic production quantity? b)How manyproduction runs per year will be made? c) What will be the maximuminventory level? d) What percentage of time will the facility beproducing components?