question archive A company orders and uses 6000 cans of paint each year
A company orders and uses 6000 cans of paint each year
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A company orders and uses 6000 cans of paint each year. Each order has a fixed shipping cost of $150 and an additional cost of $2 per can of paint. To store a can for a full year costs $5. What is the optimal number of cans of paint the company should buy during each order?
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