A publishing company sells 50,000 copies of a certain book each year. It costs the company $1

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A publishing company sells 50,000 copies of a certain book each year. It costs the company $1 to store a book for one year. Each time that it prints additional copies, it costs the company $1,000 to set up the presses. How many books should the company produce during each printing in order to minimize its total storage and setup costs?

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College Mathematics For Business Economics, Life Sciences, And Social Sciences

ISBN: 978-0134674148

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

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