Find the economic lot or economic order quantity size which minimizes total cost Question A company orders and uses 2, 880 boxes of office supplies. Each order has a fixed shipping cost of $200 and an additional cost of $3 per box of office supplies. To store a box for a full year costs $5. What is the optimal number of orders the company should make each year? Do not include units with your answer. Provide your answer below:
Find the economic lot or economic order quantity size which minimizes total cost Question A company orders and uses 2, 880 boxes of office supplies. Each order has a fixed shipping cost of $200 and an additional cost of $3 per box of office supplies. To store a box for a full year costs $5. What is the optimal number of orders the company should make each year? Do not include units with your answer. Provide your answer below:
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter9: Systems Of Equations And Inequalities
Section9.4: Linear Programming
Problem 29E
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