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Business, 09.10.2019 22:10 semajac11135
Johnson electronics sells electrical and electronic components through catalogs. catalogs are updated and printed twice every year. each printing run incurs a fixed cost of $5,000, which involves catalog design cost and printing setup cost. the variable production cost is $5 per catalog. the half-year demand for catalogs is estimated to be normally distributed with a mean of 8,000 and standard deviation of 3,000. data indicate that, on average, each customer ordering a catalog generates a profit of $35 from sales. how many catalogs should be printed?
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Johnson electronics sells electrical and electronic components through catalogs. catalogs are update...
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