13 A newspaper has 500,000 subscribers who pay $4 per month for the paper. It costs the...
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13 A newspaper has 500,000 subscribers who pay $4 per month for the paper. It costs the company $200,000 to bill all its customers. Assume that the company can earn interest at a rate of 20% per year on all revenues. Determine how often the newspaper should bill its customers. (Hint: Look at unpaid subscriptions as the inventoried good.)
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Operations Research Applications And Algorithms
ISBN: 9780534380588
4th Edition
Authors: Wayne L. Winston
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