Stuck on some homework problems I need the problems answered that have a ? after the indicated section A computer store sells 7,200 boxes of storage drives annually. It costs the store $0.20 to store a box of drives for one year. Each time it reorders drives, the store must pay a $5.00 service charge for processing the order. 7200 boxes of storage drives are sold every year 0.2 is the cost of storing one box 5 is the cost of ordering boxes x is the number of boxes ordered y is the number of orders per year How can you express the boxes of storage drives sold every year in terms of x and y? 7200 = ?? The average number of boxes stored every year is x/2. What is the cost function in terms of x and y? In terms of x? C(x,y) = ?? C(x) = ?? What is the marginal cost function? C'(x) = ?? What is the minimum cost? How many orders should the store make every year? Use formulas where you can. x = ?? Minimum cost:?? Number of orders:??
comment if you need further clarification on this answer!
Get Answers For Free
Most questions answered within 1 hours.