Find the economic lot or economic order quantity Size which minimizes total cost Questron A company orders and uses 12, 150 box of pencils each year. Each order has a fixed shipping cost of $150 and an additional cost of $3 per box of pencils. To store a box for a full year costs $2. What is the optimal number of orders the company should make each year? Do not include units with your answer. Sorry, that's incorrect. Try again? 191
Find the economic lot or economic order quantity Size which minimizes total cost Questron A company orders and uses 12, 150 box of pencils each year. Each order has a fixed shipping cost of $150 and an additional cost of $3 per box of pencils. To store a box for a full year costs $2. What is the optimal number of orders the company should make each year? Do not include units with your answer. Sorry, that's incorrect. Try again? 191
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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