The cost of producing x units of a product during a month is x 1/2 dollars. Show

Question:

The cost of producing x units of a product during a month is x^1/2dollars. Show that the minimum-cost method of producing 40 units during the next two months is to produce all 40 units during a single month.

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

Step by Step Answer:

Related Book For book-img-for-question

Practical Management Science

ISBN: 1497

5th Edition

Authors: Wayne L. Winston, Christian Albright

See More Books

Question Posted: Nov 09, 2018 06:50 AM

See More Questions

A firm produces two products, X and Y. The production technology displays the following costs, where C (i, j) represents the cost of producing i units of X and j units of Y: C (0, 50) = 100 C (5, 0)...
A firm produces two products, X and Y. The production technology displays the following costs, where C (i, j) represents the cost of producing i units of X and j units of Y: C(0, 50) = 100 C(5, 0) =...
Cost estimation, cumulative average-time learning curve. Cost estimation, cumulative average-time learning curve. The Nautilus Company, which is under contract to the U.S. Navy, assembles troop...
Verify that the functions are probability density functions for a continuous random variable X over the given interval. Determine the specified probability. f(x) = xe over [0, ), P(1 X 3)
If the rms value of the electric field in an electromagnetic wave is doubled, (a) By what factor does the rms value of the magnetic field change? (b) By what factor does the average intensity of the...
Identify each cost as being variable, fixed, or mixed. Cost of food sold Variable, Fixed or Mixed? Wages and fringe benefits Variable, Fixed or Mixed? Fees paid delivery help Variable, Fixed or...
Describe the debt-to-equity ratio and explain how creditors and owners would use this ratio to evaluate a companys risk. AppendixLO1
BIB Corporation's capital structure consists of 250,000 shares of common stock. At December 31, 2011, an analysis of the accounts and discussions with company officials revealed the following...
A $1000 Face Value Treasury bond with 18 months left to maturity has annual coupons of 32 paid semi-annually. The Term Structure of Interest shows that the 6 month YTM is 3.2%, the 12 month YTM is...
A developer of video game software has seven proposals for new games. Unfortunately, the company cannot develop all the proposals because its budget for new projects is limited to $950,000 and it has...
Four items are for sale in the Dollar Value store. The product and sum of their prices is $7.11. What is the price of each item?
Suppose that you are hiring a weather forecaster to predict the probability that next summer will be rainy or sunny. The following suggests a method that can be used to ensure that the forecaster is...
Which of the following statements is correct? a. A PRIMARY KEY constraint allows NULL values in the primary key column(s). b. You can enable a dropped constraint if you need it in the future. c....
Listed below are the lead concentrations (in ug/g) measured in different Ayurveda medicines. Ayurveda is a traditional medical system commonly used in India. The lead concentrations listed here are...
The assignment states to use a movie and talk about 2 scenes where physics ideas are used. The rubric is shown and 6 big ideas that can be talked about are also attached. Background Information...
A series of computer and backup system failures caused the loss of most of the company records at Stotter, Incorporated. Information technology consultants for the company could recover only a few...
Future value of an annuity Using the values below, answer the questions that follow. (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Deposit period...
Mercury, Incorporated, produces cell phones at its plant in Texas. In recent years, the company's market share has been eroded by stiff competition from overseas. Price and product quality are the...
State the nth-Term Test for Divergence.
To balance the chemical equation SiH3 + O2 SiO2 + HO, you could introduce coefficients a, b, c, d and write aSiH3 + bO2 cSiO + dHO then write linear equations for each element. The equation for Si...
Three years ago, Paul Wilde exercised all his stock options in the start up company he helped establish and walked away with over $100 million. Since that time, he has spent all his energy, time, and...
a. For which persons may a taxpayer deduct medical expenses? b. In the case of children of divorced parents, must the parent who is entitled to the dependency exemption pay the medical expenses of...
Assume all of the same facts as in Problem I:6-55, except that during the year Kim rents the condominium a total of 14 days. How does Kim report the income and deductions from the property?
Be prepared to explain the texts comprehensive To illustrate the issues related to interest capitalization, assume that on November 1, 2016, Shalla Company contracted Pfeifer Construction Co. to...
On April 1, 2020. Indigo Company received a condemnation award of $473,000 cash as compensation for the forced sale of the company's land and building, which stood in the path of a new state highway....
The market price of a stock is $24.55 and it is expected to pay a dividend of $1.44 next year. The required rate of return is 11.23%. What is the expected growth rate of the dividend? Submit Answer...

The cost of producing x units of a product during a month is x 1/2 dollars. Show

Question:

Step by Step Answer:

Producing a product Cost of producing x units in a month is sqrtx Month 1 Month 2 Total ...View the full answer

Practical Management Science

Students also viewed these Business questions