Problem

A hardware store sells ladders throughout the year. It costs $20 every time an order for l...

A hardware store sells ladders throughout the year. It costs $20 every time an order for ladders is placed and $10 to store a ladder until it is sold. When ladders are ordered x times per year, then an average of 3001x ladders are in storage at any given time. How often should the company order ladders each year to minimize its total ordering and storage costs? [Be careful: The answer must be an integer.]

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Solutions For Problems in Chapter 2.4