Bruno Fruscalzo decided to start a small production facility in Sydney to sell gelato to local restaurants.
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Question:
Bruno Fruscalzo decided to start a small production facility in Sydney to sell gelato to local restaurants. His local milk supplier charges $0.50 per kg of milk plus a $20 delivery fee (the $20 fee is independent of the amount ordered). Bruno's holding cost is $0.03 per kg per month. He needs 9,000 kg of milk per month.
Suppose Bruno orders 7000 kg each time. How many orders does he place with his supplier each year?
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