A Sporting Goods Store Determines That the Optimal Quantity of Athletic

question 29

Essay

A sporting goods store determines that the optimal quantity of athletic shoes (in pairs)to order each month is given by the Wilson lot size formula: Q(C,M,s)=
,where C is the cost (in dollars)of placing an order,M is the number of pairs sold each month,and s is the monthly storage cost (in dollars)per pair of shoes.Find
.Then find and interpret

.

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Definitions:

Conditioned Response

A learned reaction to a previously neutral stimulus that has been repeatedly presented along with an unconditioned stimulus.

Unconditioned Response

An automatic, innate reaction to a stimulus that does not depend on prior learning or conditioning.

Negative Punishment

A behavioral strategy involving the removal of a desirable stimulus following an undesirable behavior to decrease the likelihood of the behavior's recurrence.

Positive Punishment

A behavior modification technique that involves the addition of an unpleasant stimulus to decrease the likelihood of a behavior reoccurring.