Each machine at a certain factory can produce 50 units per hour. The setup cost is $80

Question:

Each machine at a certain factory can produce 50 units per hour. The setup cost is $80 per machine, and the operating cost is $5 per hour. How many machines should be used to produce 8,000 units at the least possible cost?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Calculus For Business, Economics And The Social And Life Sciences

ISBN: 9780073532387

11th Brief Edition

Authors: Laurence Hoffmann, Gerald Bradley, David Sobecki, Michael Price

See More Books

Question Posted: Jun 01, 2023 08:58 AM

See More Questions

A manager must decide how many machines of a certain type to purchase. Each machine can process 100 customers per day. One machine will result in a fixed cost of $2,000 per day, while two machines...
How many machines should be assigned to an operator for lowest cost operations when: a. Loading and unloading time one machine, 1.41 minutes. b. Walking time to next facility, 0.08 minutes. c....
Managing Scope Changes Case Study Scope changes on a project can occur regardless of how well the project is planned or executed. Scope changes can be the result of something that was omitted during...
Explain how the structure of the balance sheet corresponds to the accounting equation.
What are the various aspects of decision making?
Compute the equivalent resistance of the network in Fig, and find the current in each resistor. The battery has negligible internal resistance. E = 60.0 V, r=0 3.00n 12,0 6.00N 4.00 n
2. Consolidated financial statement amounts and classifications should be identical under the entity and parentcompany theories of consolidation if: a All subsidiaries are acquired at book value b...
Dobler Company just took its physical inventory on December 31. The count of inventory items on hand at the companys business locations resulted in a total inventory cost of $300,000. In reviewing...
Sharp Conpany manufactures a product for which the followerg standards have been set Ouring Mach, the compary purchased direct inaterials at a cost of 545,240 , at of which were used in the...
In Exercises 17 through 32, sketch the graph of the given function. f(x) = 3x 4 4x 2 + 3
In Exercises 17 through 22, you are given the price p(q) at which q units of a particular commodity can be sold and the total cost C(q) of producing the q units. In each case: (a) Find the revenue...
Simplify. 8 4,
Micro-Brush requires a new component for their laptop cleaning machines. The company must decide whether to make or buy them. If it decides to make them. Should it use process A or process B? Use a...
Moving from a fee-for-service to a managed care delivery system set up a series of expectations (page 421). How many of these expectations are realistic? How many have been realized?
2. A 55 kg human is shot out the end of a cannon with a speed of 18 m/s at an angle of 60. Ignore friction and solve this problem with energy conservation. As he exits the cannon, find: a. horizontal...
Theoretical Background: Information Assurance (IA) architecture also known as security architecture is about planning, integrating and continually monitoring the resources of an organization so they...
AZCN recommends Microsoft Lens or Adobe Scan; download one of these to yo phone via your phone's app store 2. Place the document you want to scan on a flat, well-lit surface. Make sure the document...
The balance sheet of Flo's Restaurant showed total assets of $560.000, liabilities of $184,000 and equity of $426.000. An appraiser estimated the fair value of the restaurant assets at $665,000. If...
As of January 1, 2018, Room Designs, Inc. had a balance of $9,900 in Cash, $3,500 in Common Stock, and $6,400 in Retained Earnings. These were the only accounts with balances in the ledger on January...
Classify each equation as separable, linear, both, or neither. dy dx = x + y
Repeat Exercise 20 with h = 0.05. Calculate the error and the percentage error, and compare with the result of Exercise 20. Exercise 20 In Exercises, use Eulers method to approximate the indicated...
Solve each differential equation, subject to the given initial condition. dy dx + 3xy - 2xe-x = 0; y(0) = 1000
Mass LLp developed software that helps farmers to plow their fiels in a mannyue sthat precvents erosion and maimizes the effoctiveness of irrigation. Suny dale paid a licesnsing fee of $23000 for a...
Average Rate of Return The following data are accumulated by Lone Peak Inc. in evaluating two competing capital investment proposals: 3D Printer Truck Amount of investment $40,000 $50,000 Useful life...
4. (10 points) Valuation using Income Approach An appraiser appraises a food court and lounge and provides the following assessment: o O The building consists of 2 floors with the following (6)...

Each machine at a certain factory can produce 50 units per hour. The setup cost is $80

Question:

Step by Step Answer:

Let x be the number of machines and t the number of hours required ...View the full answer

Calculus For Business, Economics And The Social And Life Sciences

Students also viewed these Mathematics questions