A sporting goods store sells 100 pool tables per year. It costs $52 to store one pool table for a year. To reorder, there is a fixed cost of $26 per shipment plus $10 for each pool table. How many...

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Extracted text: A sporting goods store sells 100 pool tables per year. It costs $52 to store one pool table for a year. To reorder, there is a fixed cost of $26 per shipment plus $10 for each pool table. How many times per year should the store order pool tables, and in what lot size, in order to minimize inventory costs? The store should order pool tables times per year to minimize inventory costs.


Extracted text: Bus Econ 2.5.27 Find the maximum profit and the number of units that must be produced and sold in order to yield the maximum profit. Assume that revenue, R(x), and cost, C(x), are in thousands of dollars, and x is in thousands of units. R(x) = 7x - 2x, C(x) =x° - 3x2 + 4x +1 The production level for the maximum profit is about units. (Do not round until the final answer. Then round to the whole number as needed.) 2parts Enter your answer in the answer box nd then click Check Answer. 1 part remaining Clear All Ch