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DaniilM [7]
3 years ago
6

Matthew​ Liotine's Dream Store sells water beds and assorted supplies. His​ best-selling bed has an annual demand of 410 units.

Ordering cost is ​$41​; holding cost is ​$5 per unit per year.
To minimize the total cost, how many units should be ordered each time an order is placed?
Business
1 answer:
never [62]3 years ago
5 0

<u>Given:</u>

Annual demand = 410 units

Ordering cost = $41

Holding cost = $5 unit per year

<u>To find:</u>

Number of units to be ordered each time an order is placed

<u>Solution:</u>

On calculating the number of units,

\Rightarrow \sqrt{(\frac{2(390)(38)}{5})} \rightarrow\sqrt{\frac{780\times38}{5}}= 76.99

Therefore, to minimize the total cost, approximately 77 units should be ordered each time an order is placed.

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Answer:

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In the given case, Evergreen reaps benefits with respect to parking area for unwanted aircraft owing to space it possesses and the climate of the location which protects the aircraft from dust and rusting.

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7 0
3 years ago
Which of the following is an example of a conditional statement?
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3 years ago
Wadding Corporation applies manufacturing overhead to products on the basis of standard machine-hours. For the most recent month
kkurt [141]

Answer:

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