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A company anticipates there will be a demand for 20,000 copies of a certain book during the next year/. It costs the company $0.50
A company anticipates there will be a demand for 20,000 copies of a certain book during the next year/. It costs the company $0.50 to store a book for 1 year. Each time it must print additional books, it costs $200 to set up the equipment. NOTE: We assume that the demand is uniform. Let number of books printed during each printing run y = number of printing runs Use this information to answer questions 9-19 below. Question 9 Use the Inventory Control information above to answer this question. The total setup cost for the year is_y. Question 10 20 The average number in storage for each day is 2 0.4 pts Use the Inventory Control information above to answer this question. Since we assume the demand is uniform, the number of books in storage between printing runs will decrease from a to * 0.4 pts Use the Inventory Control information above to answer this question. Since it costs $0.50 to store a book for one year, the total storage cost is Enter your answer as a decimal. Question 13 0.4 pts Use the Inventory Control information above to answer this question. In order to write the total cost as a function of one variable, we must find a relationship between x and y. Since the company prints # books in each of the y printing runs, the total number of books printed is zy, so we must have xy== We can use this to express y as a function of z.
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