Although rice is a staple of the japanese diet, the japanese government has long restricted the importation of rice into japan. the result of this import quota is: to decrease the consumer surplus of japanese rice consumers. to decrease the producer surplus of japanese rice producers. a welfare gain for the japanese people. to increase the consumption of rice by the japanese people. to decrease the price of rice to the japanese people.

Assume that (i) setups need to be completed first; (ii) a setup can only start once the batch has arrived at the resource, and (iii) all flow units of a batch need to be processed at a resource before any of the units of the batch can be moved to the next resource. process step 1 molding 2 painting 3 dressing setup time 15 min. 30 min. no setup processing time 0.25 min./unit 0.15 min./unit 0.30 min./unit which batch size would minimize inventory without decreasing the process capacity?