A specialty coffeehouse sells Colombian coffee at a fair rate of 300 kilograms annually. the beans are purchased from a local supplier for $3 per kilogram. the coffeehouse estimates that it costs $50 in paperwork and labor to place an order for the coffee, and holding costs are based on a 10 percent annual interest rate. a. determine the optimal order quantity for Coffee? b. what is the time between the placement of orders? C. what is the average optimal annual cost? d. Suppose the coffee is ordered in a box of 50kg each. how many boxes should the coffee shop order?

A specialty coffeehouse sells Colombian coffee at a fair rate of 300 kilograms annually. the beans are purchased from a local supplier for $3 per kilogram. the coffeehouse estimates that it costs $50 in paperwork and labor to place an order for the coffee, and holding costs are based on a 10 percent annual interest rate. a. determine the optimal order quantity for Coffee? b. what is the time between the placement of orders? C. what is the average optimal annual cost? d. Suppose the coffee is ordered in a box of 50kg each. how many boxes should the coffee shop order?

Elements Of Electromagnetics

7th Edition

ISBN:9780190698614

Author:Sadiku, Matthew N. O.

Publisher:Sadiku, Matthew N. O.

ChapterMA: Math Assessment

Section: Chapter Questions

Problem 1.1MA

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Question

A specialty coffeehouse sells Colombian coffee at a fair rate of 300 kilograms annually. the beans are purchased from a local supplier for $3 per
kilogram. the coffeehouse estimates that it costs $50 in paperwork and labor to place an order for the coffee, and holding costs are based on a 10
percent annual interest rate.
a. determine the optimal order quantity for Coffee?
b. what is the time between the placement of orders?
C. what is the average optimal annual cost?
d. Suppose the coffee is ordered in a box of 50kg each. how many boxes should the coffee shop order?
A-
B.
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