Author Question: A certain company produces potting soil and sells it in 50 lb bags. Suppose that 300,000 bags are to ... (Read 204 times)

Kthamas · **on:** Jun 16, 2021

Question 1

A bookstore has an annual demand for 28,000 copies of a best-selling book. It costs $0.50 to store one copy for one year, and it costs $65 to place an order. Find the optimum number of copies per order.
◦ 3816 copies
◦ 2698 copies
◦ 3257 copies
◦ 2428 copies

Question 2

A certain company produces potting soil and sells it in 50 lb bags. Suppose that 300,000 bags are to be produced each year. It costs $12 per year to store a bag of potting soil, and it costs $2000 to set up the facility to produce a batch of bags. Find the number of bags per batch that should be produced.
◦ 9574
◦ 14,121
◦ 100,000
◦ 10,000

amandalm · **Reply #1 on:** Jun 16, 2021

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