The need of a vegetable store in apples is 10,000kg per quarter, and apples are consumed evenly and continuously. Apples are ordered once a quarter and delivered in batches of the same volume specified in the order. Storage of one kg of apples in the warehouse costs 20kopecks per day, and delivery of a batch costs 12,000rubles. Delay in selling apples due to their unavailability is inadmissible. Determine the most economical batch volume and the interval between deliveries to be specified in the order (it is assumed that the supplier does not allow delays in deliveries).
Q. The need of a vegetable store in apples is 10,000kg per quarter, and apples are consumed evenly and continuously. Apples are ordered once a quarter and delivered in batches of the same volume specified in the order. Storage of one kg of apples in the warehouse costs 20kopecks per day, and delivery of a batch costs 12,000rubles. Delay in selling apples due to their unavailability is inadmissible. Determine the most economical batch volume and the interval between deliveries to be specified in the order (it is assumed that the supplier does not allow delays in deliveries).
Define Variables and Problem: Define the variables and the problem.Let Q be the batch volume in kilograms, and let T be the interval between deliveries in days. The store needs 10,000 kg of apples per quarter (90 days). The cost of storage is 0.20 rubles per kg per day, and the delivery cost for each batch is 12,000 rubles.
Calculate Deliveries per Quarter: Calculate the number of deliveries per quarter.Since the store orders once a quarter and needs 10,000 kg of apples, the number of deliveries per quarter is 10,000/Q.
Calculate Storage Cost: Calculate the total storage cost per quarter. The average inventory level is 2Q, because the store starts with Q kg and ends with 0 kg before the next delivery. The storage cost per quarter is (2Q)∗0.20 rubles/kg/day∗90 days.
Calculate Delivery Cost: Calculate the total delivery cost per quarter. The delivery cost per quarter is (10,000/Q)×12,000 rubles, because each batch costs 12,000 rubles and there are 10,000/Q batches per quarter.
Write Total Cost Function: Write the total cost function.The total cost per quarter, C(Q), is the sum of the storage cost and the delivery cost. So, C(Q)=(2Q)×0.20×90+(Q10,000)×12,000.
Find Derivative of Cost Function: Find the derivative of the total cost function with respect to Q. To minimize the total cost, we take the derivative of C(Q) with respect to Q and set it to zero. The derivative is C′(Q)=(0.20×90/2)−(10,000×12,000/Q2).
Solve for Q: Solve for Q.Setting the derivative equal to zero gives us (0.20×90/2)=(10,000×12,000/Q2). Solving for Q, we get Q2=(10,000×12,000)/(0.20×90/2). Let's calculate this.Q2=(10,000×12,000)/(0.20×90/2)Q2=(120,000,000)/(9)Q2=13,333,333.33Q=13,333,333.33Q≈3650 kg
Calculate Interval Between Deliveries: Calculate the interval between deliveries, T. Since the store consumes apples continuously, T is the time it takes to sell the batch volume Q. The store needs 10,000 kg per 90 days, so the daily consumption is 10,000/90 kg/day. The interval T is then Q divided by the daily consumption. T=(10,000/90)QT=(10,000/90)3650T=(111.11)3650T≈32.85 days
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