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Suppose Joe were to order 3,800 gallons each time he orders. How many orders per year would he place on average? _______ orders per year. Provide the answer using 2 decimal places

Suppose Joe were to order 3,800 gallons each time he orders. How many orders per year would he place on average? _______ orders per year. Provide the answer using 2 decimal places

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Joe needs to purchase malt for his microbrew 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.

Suppose Joe were to order 3,800 gallons each time he orders. How many orders per year would he place on average? _______ orders per year.

Provide the answer using 2 decimal places. 

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