Inventory ControlJesaki Publishing sells 50,000 copies of a certain book each year. It costs thecompany $1 to store a book for one year. Each time that they print additionalcopies, it costs the company $1,000 to set up the presses.NOTE: We assume that the demand is uniform.Let• x= number of books printed during each printing run• y = number of printing runs Use the Inventory Control information above to answer this question.Since it costs $1 to store a book for one year, the total storage cost isXNote: The average number in storage for each day is2Enter your answer as a decimal.Question 16Use the Inventory Control information above to answer this question.The total cost is the sum of the setup cost and storage cost, soC [Select]=y+ [Select]X.X

Given: Jesaki Publishing sells 50,000 copies of a certain book each year. It costs the company $1 to store a book for one year. Each time that they print additional copies, it costs the company $1,000 to set up the presses.NOTE: We assume that the demand is uniform.Letx = number of books printed during each printing runy = number of printing runs To do: Since it costs $1 to store a book for one year, the total storage cost is __x.Note: The average number in storage for each day is x2.Enter your answer as a decimal. The cost is the sum of the setup cost and storage cost, So C=__y+__xGiven Jesaki publishing sells 50,000 copies in one year . x: Number of books printed during each printing run. y: Number of printing runs. Each time they print additional copies it cost company $1000 to set up the process and there are y printing runs.So we have, Total setup cost for year = 1000y Since demand is uniform, number of books in storage between printing runs will decrease from x to zero. Since it cost $1 to store a book for one year and average number of books stored for each day is x2.Thus total storage cost is 1×x2 or 0.5x Thus total cost is the sum of the setup cost and storage cost ,so C = 1000y + 0.5x