Homework: Unit 5 HW 1 (14.1 14.2 14.3) Score: 0 of 1 pt 21 of 28 (5 HW Score: 17

Question

Homework: Unit 5 HW 1 (14.1 14.2 14.3) Score: 0 of 1 pt 21 of 28 (5 HW Score: 17.86%, 50128 pts 0 Bus Econ 14.3.16 Help A book publisher wants to know how many tirnes a year a print run should be scheduled per book is so low it can be ignored. Suppose further that the annual warehouse cost is 59 times the maximum number of books stored. Assuming book are needed per year, how many books should be printed in each print run? Note that since the warehouse cost is based on the maximur number of books held should be scheduled Suppose costs $1400 to 5800 copies of the should be used to determine the order quantity The publisher should print books in each print run in the

Explanation / Answer

Here: f = $1400

M = 5800

K = $9

Thus using the formula: q = (f*M/k)^0.5

We get q = (1400*5800/9)^0.5

= 949.85.

This will be rounded off to 950.

Thus the publisher should print 950 books in each print run.

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