A multimedia company anticipates that there will be a demand for 20,000 copies of a certain DVD during the next year. It costs the company $0.40 to store a DVD for one year. Each time it must make additional DVDs, it costs $250 to set up the equipment. How many DVDs should the company make during each production run to minimize its total storage and setup costs

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter6: Linear Systems
Section6.8: Linear Programming
Problem 5SC: If during the following year it is predicted that each comedy skit will generate 30 thousand and...
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A multimedia company anticipates that there will be a demand for 20,000 copies of a certain DVD during the next year. It costs the company $0.40 to store a DVD for one year. Each time it must make additional DVDs, it costs $250 to set up the equipment. How many DVDs should the company make during each production run to minimize its total storage and setup costs?

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