A large hospital has an annual demand for 70,000 booklets on healthy eating. It cost $.75 to store one booklet for a year, and it costs $90 to place an order for a new batch of booklets. Find the optimum number of copies per order. The optimum number of copies per order is. (Round to the nearest integer as needed.)
A large hospital has an annual demand for 70,000 booklets on healthy eating. It cost $.75 to store one booklet for a year, and it costs $90 to place an order for a new batch of booklets. Find the optimum number of copies per order. The optimum number of copies per order is. (Round to the nearest integer as needed.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:A large hospital has an annual demand for 70,000 booklets on healthy eating. It cost $.75 to store one booklet for a year, and it costs $90 to place an order for a new
batch of booklets. Find the optimum number of copies per order.
+
The optimum number of copies per order is.
(Round to the nearest integer as needed.)
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