Now suppose that instead of purchasing the​ product, you decide to produce it yourself. Assume the same demand and cost structure as above. In​ addition, your average production rate would be 200 units per​ day, and you have 200 working days per year. What batch size should you​ use? ​​​(Please, round to two decimal​ places)

One of the scarce resources that constrain our behavior is time. each of us has only 24 hours in a day, and we must allocate our time in a given day among competing alternatives. how do you go about allocating your time in a given day among competing alternatives? how do you go about weighing the alternatives? once you choose a most important use of time, why do you not spend all your time on that activity? a. as more and more time is spent on one activity, the opportunity cost of that activity in terms of other activities rises. b. as less and less time is spent on one activity, the opportunity cost of that activity in terms of other activities rises. c. as more and more time is spent on one activity, the opportunity cost of that activity in terms of other activities falls. d. b and c only.