A book publisher wants to know how many times a year a print run should be scheduled.
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A book publisher wants to know how many times a year a print run should be scheduled. Suppose it costs $1000 to set up the printing process, and the subsequent cost per book is so low it can be ignored. Suppose further that the annual warehouse cost is $6 times the maximum number of books stored. Assuming 5000 copies of the book are needed per year, how many books should be printed in each print run?
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Use from Exercise 15 with k 6 M 5000 and f 1000 ...View the full answer
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