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

Transcribed Image Text:

A publishing company sells 50,000 copies of certain books each year. It costs the company $1 to store each book for a year. Each time it must print 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? The company should produce books each printing in order to minimize costs. A publishing company sells 50,000 copies of certain books each year. It costs the company $1 to store each book for a year. Each time it must print 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? The company should produce books each printing in order to minimize costs.