Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A retailer buys 400 USB Flash Drives per year from a distributor. The retailer wants to determine how many drives to order, x, per shipment
A retailer buys 400 USB Flash Drives per year from a distributor. The retailer wants to determine how many drives to order, x, per shipment so that her inventory is exhausted just as the next shipment arrives. The processing fee is $10 per shipment, the yearly storage cost is $1.60x, and each drive costs the retailer $4.65. (a) Express the total yearly cost C as a function of the number x of drives in each shipment. (b) Use a graphing utility to determine the minimum yearly cost and the number of drives per order that yields the minimum cost. a) C(x) = 4000/x+1.60x+1860 b) the retailer should order ____ drives per order for a minimum yearly cost of $____ Please help with part b
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started