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QUESTION 1 A restaurant has an annual demand for 888 bottles of California wine. It costs $4 to store 1 bottle for 1 year, and
QUESTION 1
A restaurant has an annual demand for 888 bottles of California wine. It costs $4 to store 1 bottle for 1 year, and it costs $10 to place a reorder. (a) Find the optimum number of bottles per order. (b) How many times a year should the wine be ordered? (a) The optimum number of bottles per order is E. (Type a whole number.) (b) The wine should be ordered times a year. (Round to one decimal place as needed.)Step by Step Solution
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