Business, 07.07.2021 03:20 kaylinreed7

Weekly demand for copier paper is normally distributed a mean of 3,000 boxes and a standard deviation of 200 boxes. The business operates 50 weeks every year. The store pays $20 per box to and estimates holding at 10% per year. It costs $100 to place and receive an order from the supplier. It takes 1 week for an order of additional paper boxes to be supplied. How many boxes should be ordered (approximately) at a time from the supplier in order to minimize costs

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Weekly demand for copier paper is normally distributed a mean of 3,000 boxes and a standard deviatio...