Provide an appropriate response.A sporting goods store determines that the optimal quantity of athletic shoes (in pairs) to order each month is given by the Wilson lot size formula: Q(C, M, s) = , where C is the cost (in dollars) of placing an order, M is the number of pairs sold each month, and s is the monthly storage cost (in dollars) per pair of shoes. Find . Then find and interpret 

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What will be an ideal response?


 = - ; ? -30.43; When C = 100, M = 500, and s = 3, the optimal quantity decreases by about 30 pairs per order for each dollar increase in the monthly storage cost per pair.

Mathematics

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