Explanation Given information: The total weekly cost, C, of ordering and storing is given by C = a q + b q , where a and b are positive constants. Calculation: Since a q To determine (b) To find: The value of q which gives the minimum cost.

6th Edition

ISBN: 9781119399353

Author: DA

Publisher: JOHN WILEY+SONS,INC.-CONSIGNMENT

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Question

Chapter 4.4, Problem 29P

To determine

(a)

To find:

The terms aq and bq in which represents the ordering cost and the storage cost.

To determine

(b)

To find:

The value of q which gives the minimum cost.

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Chapter 4.4, Problem 28P

Chapter 4.4, Problem 30P

Chapter 4 Solutions

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Dogs Human Age From the data printed in the following table from the Minneapolis Star Tribune on September 20, 1998, a dogs age when compared to a humans age can be modeled using either a linear formula or a quadratic formula as follows: y1=4.13x+14.63 y2=-0.033x2+4.647x+13.347, where y1 and y2 represent a dogs human age for each formula and x represents the dogs actual age. Source: Mathematics Teacher. Dog Age Human Age 1 16 2 24 3 28 5 36 7 44 9 52 11 60 13 68 15 76 a. Find y1 and y2 when x=5. b. Find dy1/dx and dy2/dx when x=5 and interpret your answers. c. If the first two points are eliminated from the table, find the equation of a line that perfectly fits the reduced set of data. Interpret your findings. d. Of the three formulas, which do you prefer?

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(a) To find: The terms a q and b q in which represents the ordering cost and the storage cost.

Solution Summary: The author explains how to find the terms aq and bq, which represent the ordering and storage costs.

Concept explainers

Videos

(a)

To find:

The terms aq and bq in which represents the ordering cost and the storage cost.

(b)

To find:

The value of q which gives the minimum cost.

Want to see the full answer?

Chapter 4 Solutions

(a) To find: The terms a q and b q in which represents the ordering cost and the storage cost.

Solution Summary: The author explains how to find the terms aq and bq, which represent the ordering and storage costs.

Concept explainers

Videos

(a) To find: The terms aq and bq in which represents the ordering cost and the storage cost.

(b) To find: The value of q which gives the minimum cost.

Want to see the full answer?

Chapter 4 Solutions

(a)

To find:

The terms aq and bq in which represents the ordering cost and the storage cost.

(b)

To find:

The value of q which gives the minimum cost.