Inventory Management The annual inventory cost C for a manufacturer is 1,008,000 C = + 6.3Q where Q is the order size when the inventory is replenished. Find the change in annual cost when Q is increased from 350 to 351 and compare this with the instantaneous rate of change when Q = 350.

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter4: Polynomial And Rational Functions
Section4.6: Variation
Problem 32E
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Inventory Management The annual inventory cost C
for a manufacturer is
1,008,000
C =
+ 6.3Q
where Q is the order size when the inventory is replenished.
Find the change in annual cost when Q is increased from
350 to 351 and compare this with the instantaneous rate of
change when Q
= 350.
Transcribed Image Text:Inventory Management The annual inventory cost C for a manufacturer is 1,008,000 C = + 6.3Q where Q is the order size when the inventory is replenished. Find the change in annual cost when Q is increased from 350 to 351 and compare this with the instantaneous rate of change when Q = 350.
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