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Inventory Control A company anticipates there will be a demand for 20,000 copies of a certain book during the next year/. It costs the company
Inventory Control 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 0 :I: = number of books printed during each printing run 0 y = number of printing runs Use this information to answer questions 9-19 below. Question 11 0.5 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 :13. Enter your answer as a decimal. Question 12 0.4 pts Use the Inventory Control information above to answer this question. The total cost is the sum of the setup cost and storage cost, so 0: \\/ [ Select ] 0.25 1 0.5 Question 12 0.4 pts Use the Inventory Control information above to answer this question. The total cost is the sum of the setup cost and storage cost, so C: J [Select] 0.25 1000 'I 0.5
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