Question
A chair manufacturer finds that it costs 7650 dollars to manufacture 260 chairs and 13950 dollars to manufacture 540 chairs in one day, including all
A chair manufacturer finds that it costs 7650 dollars to manufacture 260 chairs and 13950 dollars to manufacture 540 chairs in one day, including all costs associated with the factory and the manufacturing process. Write an equation to model the cost x when y chairs are produced. Assume the relationship is linear (meaning that it can be modeled with a line.)
linear equation: y=
What are the fixed daily costs associated with the manufacturing process, even if no chairs are made?
How much does it cost to make each chair, aside from the fixed costs?
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