Central University Uses $123,000 of a Particular Toner Cartridge for Laser

question 80

Essay

Central University uses $123,000 of a particular toner cartridge for laser printers in the student computer labs each year. The purchasing director of the university estimates the ordering cost at $45 and thinks that the university can hold this type of inventory at an annual storage cost of 22% of the purchase price of $1 each. How many months' supply should the purchasing director order at one time to minimize the total annual cost of purchasing and carrying?

---

Definitions:

General Hospitals

Medical facilities that provide a wide range of healthcare services to individuals with various health conditions, not specialized in one particular area.

Mortality Rate

A measure of the number of deaths (in general, or due to a specific cause) in a particular population, scaled to the size of that population, per unit of time.

Hallucinate

To experience perceptions of objects, sounds, or sensations that have no external source, often associated with certain mental health conditions or substance use.

Delirium

An acute, often sudden confusion characterized by altered consciousness, cognitive impairment, and a fluctuation in awareness, typically resulting from an underlying medical condition.