You're selling pairs of shoes for $90 a pair at a fairly steady rate of 8 pairs per week. An order of q pairs of shoes costs 20+40q dollars and takes 2 week to arrive. Managing inventory costs $0.22 per pair of shoes per week. Under the optimal inventory control policy, you place an order for Q pairs of shoes, then after you have sold m of those Q pairs of shoes you submit a new order; the new shoes will arrive when you have sold out of the final Q-m pairs of shoes. Find m. Round your answer to the nearest whole number. X 2,893

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
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You're selling pairs of shoes for $90 a pair at a fairly steady rate of 8 pairs per week. An order of q pairs of shoes costs 20+40q dollars and takes 2 week to arrive. Managing
inventory costs $0.22 per pair of shoes per week. Under the optimal inventory control policy, you place an order for Q pairs of shoes, then after you have sold m of those Q pairs
of shoes you submit a new order; the new shoes will arrive when you have sold out of the final Q-m pairs of shoes. Find m.
Round your answer to the nearest whole number.
2,893
Correct Answer: 22
Transcribed Image Text:You're selling pairs of shoes for $90 a pair at a fairly steady rate of 8 pairs per week. An order of q pairs of shoes costs 20+40q dollars and takes 2 week to arrive. Managing inventory costs $0.22 per pair of shoes per week. Under the optimal inventory control policy, you place an order for Q pairs of shoes, then after you have sold m of those Q pairs of shoes you submit a new order; the new shoes will arrive when you have sold out of the final Q-m pairs of shoes. Find m. Round your answer to the nearest whole number. 2,893 Correct Answer: 22
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