A home improvement store sells 5,000 batteries per year - 39737

Solution Posted by
Solution Detail
Price: $5.00
  • From: Finance,
  • Posted on: Wed 25 Dec, 2013
  • Request id: None
  • Purchased: 0 time(s)
  • Average Rating: No rating
Request Description

Review the attached explanatory material and examples. Then answer this question.
Question: A home improvement store sells 5,000 batteries per year. Each battery costs $1 to store for one year, and each order costs $4.
(a) How many batteries should be ordered at one time?
(b) How many orders should be placed each year to minimize total costs?

Solution Description

Question: A home improvement store sells 5,000 batteries per year. Each battery costs $1 to store for one year, and each order costs $4.

(a) How many batteries