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Calculus Application Homework

10 points (Easy!)

Submit on paper in class on December 3 or 5.

Example 2:

Assignment

Review the attached explanatory material and examples. Then answer this question.

Question: A home improvement store sells 5,000 batteries per year. Each battery costs $1 to store for one year, and each order costs $4.

(a) How many batteries should be ordered at one time?

(b) How many orders should be placed each year to minimize total costs?

Show all of your work.