Discuss the below in detail:
Q: Plainwell Polymers is going to producing the mad dashboard structure for a new car design. The dashboard will be produced in three colors with expected daily demand as follows:
Black: 425 units/day
Grey: 100 units/day
Tan: 185 units/day the injection-molding machine can produce a total of 920 parts per day running 24 hours per day. It costs Plainwell $1, 220 to set up each color for production and the daily holding cost for each part is $0.08.
What is the length of the lowest cost cyclic schedule (ignoring setup time constraints) in days?