Business Calculus

Business Calculus

Recreate the table below in your write-up. Fill in the missing entries in the table below. One or more of the missing entries will be expressions involving the variable, x.

Cost Category     Information     Total for in dollars
Setup Costs      x print runs @ $5,000 per  run
Production Costs     1,200,000 books @ $1      per book
Average Number of     1,200,000/x/2 =
books in Stock per month 1,200,000/(2x)
Average number of
Storage Costs     books in stock per month
@ 1¢ per month for 12
months

Now add up the totals in the right-most column and thus create the total yearly cost function, C(x):

C(x) = _____________________________________(Fill in)

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