A restaurant has an annual demand for 884 bottles of California wine. It costs $3 to store 1 bottle for 1 year, and it costs $7 to place a reorder. (a) Find the optimum number of bottles per order. (b) How many times a year should the wine be ordered? (a) The optimum number of bottles per order is (Type a whole number.)

A restaurant has an annual demand for 884 bottles of California wine. It costs $3 to store 1 bottle for 1 year, and it costs $7 to place a reorder. (a) Find the optimum number of bottles per order. (b) How many times a year should the wine be ordered? (a) The optimum number of bottles per order is (Type a whole number.)

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter12: Sequences, Series And Binomial Theorem

Section12.3: Geometric Sequences And Series

Problem 12.57TI: What is the total effect on the economy of a government tax rebate of $1,000 to each household in...

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What is the total effect on the economy of a government tax rebate of $1,000 to each household in order to stimulate the economy if each household will spend 90% of the rebate in goods and services?

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