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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let size of books produced by company be x then per year i...View the full answer
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Related Book For
College Mathematics For Business Economics, Life Sciences, And Social Sciences
ISBN: 978-0134674148
14th Edition
Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker
Question Posted:
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