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:

50%

A percentage representing half of a whole or a quantity, used in various contexts to indicate a half portion.

Age 80

A term referring to the age of 80 years, often used in demographic studies and life expectancy analyses.

Equatorial Countries

Nations located near the equator, characterized by a tropical climate with minimal seasonal temperature variation but significant rainfall differences.

Incidence

Incidence refers to the rate at which new cases of a disease or condition occur in a specific population over a defined time period, often used in epidemiology to assess risk.