An agency charges $100 per person for a trip to a con- cert if 70 people travel in a group. But for each person above the 70, the charge will be reduced by $1. 0. How many people will maximize the total revenue for the agency if the trip is limited to at most 90 people?.

Which of the following would not generally be a motive for a firm to hold inventories? a. to decouple or separate parts of the production process b. to provide a stock of goods that will provide a selection for customers c. to take advantage of quantity discounts d. to minimize holding costs e. all of the above are functions of inventory.