Question
Referring to the table below, hiring a driver costs $10. Each machine costs $100. Which method should he use and why? Method 1: 20 drivers
Referring to the table below, hiring a driver costs $10. Each machine costs $100. Which method should he use and why?
Method 1: 20 drivers 10 Machines
Method 2: 50 drivers 2 Machines
Method 3: 100 drivers 0 Machines
Method 4: 10 drivers 12 Machines
My breakdown:
Method 1:20 drivers * $10 in driving costs = $200 + 10 machines (each cost $100 each) = $1000
Total cost is $1200.
Method 2:50 drivers * $10 in driving costs = $500 + 2 machines (each cost $100 each) = $200
Total cost is $700
Method 3:100 drivers * $10 in driving costs = $1000 + 0 machines (each cost $100 each) = $0.00
Total cost is $1000
Method 4:10 drivers * $10 in driving costs = $100 + 12 machines (each cost $100 each) = $1200
Total cost is $1300
Is method 2 the best option to use? Why? Is it because it is cheap? Yet, it still has him having more drivers?
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