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The Tiernan Gallery and Art Museum Distributes to Its Visitors

Question 34

Essay

The Tiernan Gallery and Art Museum distributes to its visitors a printed guide to its collections.There are about 18000 visitors per year.Holding costs for the brochures are 20% and it costs $30 to place an order with the printer.The printer has offered the following discount schedule:
The Tiernan Gallery and Art Museum distributes to its visitors a printed guide to its collections.There are about 18000 visitors per year.Holding costs for the brochures are 20% and it costs $30 to place an order with the printer.The printer has offered the following discount schedule: How many brochures should be printed at a time? How many brochures should be printed at a time?

Correct Answer:

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EOQ3 = 1732.1 (raise to 3000)
E...

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