Question #5 A sporting goods store sells 100 pool tables per year. It costs $20 to store pool tables for a year. To reorder, there is a fixed cost of $40 per shipment plus $16 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? -

Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter5: Inverse, Exponential, And Logarithmic Functions
Section5.3: The Natural Exponential Function
Problem 43E
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Question #5 A sporting goods store sells 100 pool tables per year. It costs $20 to store
pool tables for a year. To reorder, there is a fixed cost of $40 per shipment plus $16 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?
equation Marginal Cost
B) Find the equation for Marginal Profit.
C) What is the additional cost of raising
16 units?
Transcribed Image Text:given the Question #5 A sporting goods store sells 100 pool tables per year. It costs $20 to store pool tables for a year. To reorder, there is a fixed cost of $40 per shipment plus $16 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? equation Marginal Cost B) Find the equation for Marginal Profit. C) What is the additional cost of raising 16 units?
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