Step 1: Deciding to test each option directly:
Instead of solving the inequalities in general first, we can simply plug each candidate blank diameter into both feasibility formulas and see which one passes.
Reduction ratio is $ (D_b - 100)/D_b $ and it must stay under 0.5. Thickness to diameter ratio is $ 2/D_b $ and it must stay above 0.01.
Step 2: Testing option (A), $D_b = 150$ mm:
Reduction ratio $ = (150-100)/150 = 50/150 = 0.333 $, which is less than 0.5, so this condition passes.
Thickness ratio $ = 2/150 = 0.0133 $, which is greater than 0.01, so this condition also passes. Both conditions hold, so 150 mm works.
Step 3: Testing option (B), $D_b = 250$ mm:
Reduction ratio $ = (250-100)/250 = 150/250 = 0.6 $, which is greater than 0.5, so this already fails the first condition, no need to check further.
Step 4: Testing option (C), $D_b = 350$ mm:
Reduction ratio $ = (350-100)/350 = 250/350 = 0.714 $, which is well above 0.5, so this fails too.
Step 5: Testing option (D), $D_b = 450$ mm:
Reduction ratio $ = (450-100)/450 = 350/450 = 0.778 $, again far above 0.5, so this also fails.
Final Answer:
Direct substitution confirms that only $D_b = 150$ mm keeps both the reduction ratio and the thickness to diameter ratio within the feasible range.
\[ \boxed{D_b = 150\ mm} \]