A bookstore has an annual demand for 100,000 copies of a best-selling book. It costs $0.50 to
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A bookstore has an annual demand for 100,000 copies of a best-selling book. It costs $0.50 to store 1 copy for 1 year, and it costs $60 to place an order.
(a) Find the optimum number of copies per order.
(b) How many times a year should the copies be ordered?
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