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The cost for supply kits for a healthcare clinic is the sum of the supply kit cost, ordering cost, and inventory holding cost for the entire year. It is summarized by the following cost function for every possible batch size, q, it can break up its year's worth of orders into: 180000 c(q) = 20000 + 24 + What is the optimal order batch size, the one that minimizes annual cost? Enter an integer only

The cost for supply kits for a healthcare clinic is the sum of the supply kit cost, ordering cost, and inventory holding cost for the entire year. It is summarized by the following cost function for every possible batch size, q, it can break up its year's worth of orders into: 180000 c(q) = 20000 + 24 + What is the optimal order batch size, the one that minimizes annual cost? Enter an integer only

Algebra & Trigonometry with Analytic Geometry
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter9: Systems Of Equations And Inequalities
Section: Chapter Questions
Problem 13T
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The cost for supply kits for a healthcare clinic is the sum of the supply kit cost, ordering cost, and inventory holding cost for the entire year. It is summarized by the following cost function for every possible batch size, q, it can break up its year's worth of orders into: c(4) = 20000 + 24 + 180000 What is the optimal order batch size, the one that minimizes annual cost? Enter an integer only D Question 8 At UTC mall in San Diego, monthly sales for the Tesla Model S obeys a normal distribution with mean of 200 cars and a standard deviation of 100 cars. What is the probability that this location sells more than 800 cars during the next quarter (i.e., 3 months) assuming monthly sales are independent?
Transcribed Image Text:The cost for supply kits for a healthcare clinic is the sum of the supply kit cost, ordering cost, and inventory holding cost for the entire year. It is summarized by the following cost function for every possible batch size, q, it can break up its year's worth of orders into: c(4) = 20000 + 24 + 180000 What is the optimal order batch size, the one that minimizes annual cost? Enter an integer only D Question 8 At UTC mall in San Diego, monthly sales for the Tesla Model S obeys a normal distribution with mean of 200 cars and a standard deviation of 100 cars. What is the probability that this location sells more than 800 cars during the next quarter (i.e., 3 months) assuming monthly sales are independent?
A small venture capitalist (VC) is hoping to make a big hit investment. The process it follows is described: 1. It chooses a startup company in which to invest. 2. The outcome of the startup company is revealed. Specifically: o There is a 50% chance of it failing after 1 year • There is a 25% chance of it failing after 4 years o There is a 25% chance of it becoming a big hit after 5 years 3. If the outcome is a failure, the VC invests in another startup and starts the process over. If the outcome is a big hit, the process ends. What is the expected number of years until the VC finally has one of its investments turn into a big hit? Enter an integer only
Transcribed Image Text:A small venture capitalist (VC) is hoping to make a big hit investment. The process it follows is described: 1. It chooses a startup company in which to invest. 2. The outcome of the startup company is revealed. Specifically: o There is a 50% chance of it failing after 1 year • There is a 25% chance of it failing after 4 years o There is a 25% chance of it becoming a big hit after 5 years 3. If the outcome is a failure, the VC invests in another startup and starts the process over. If the outcome is a big hit, the process ends. What is the expected number of years until the VC finally has one of its investments turn into a big hit? Enter an integer only
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