Question: Joe needs to purchase malt for his micro - brew production. His supplier charges $ 3 5 per delivery ( no matter how much is

Joe needs to purchase malt for his micro-brew production. His supplier charges $35 per delivery (no matter how much is delivered) and $1.20 per gallon. Joe's annual holding cost per unit is 35% of the dollar value of the unit. Joe uses 5,000 gallons of malt per week.
4) How many gallons should Joe order from his supplier with each order?
Answer:_______________________
5) Suppose Joe were to order 3,800 gallons each time he orders. How many orders per year would he place on average?

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