A sporting goods store sells 100 pool tables per year. It costs $64 to store one pool table for a year. To reorder, there is a fixed cost of $32 per shipment plus $18 for each pool table. How many times per year should the store order pool tables, and in what lot size, in order to minimize inventory costs? The store should order pool tables times per year to minimize inventory costs.

A sporting goods store sells 100 pool tables per year. It costs $64 to store one pool table for a year. To reorder, there is a fixed cost of $32 per shipment plus $18 for each pool table. How many times per year should the store order pool tables, and in what lot size, in order to minimize inventory costs? The store should order pool tables times per year to minimize inventory 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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