Acompany uses 1100 packages of fluorescent bulbs annually. it costs the company $34 to order and receive this product. the fluorescent bulbs costs $46.5 per package. the company uses a factor of 20% of the purchase price to determine the annual holding cost for this product. what is the economic order quantity (eoq)?

Acaterer charges $500 plus $30 per guest to cater a wedding. walt and traci don't want to spend more than $8000 on catering. write and solve an inequality in terms of the number of guests, g, that can be invited. a) 30g ? 8000; g ? 267 b) 500g < 8000; g < 16 c) 500 + 30g < 8000; g < 250 d) 500 + 30g ? 8000; g ? 250