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South Chetham Foundry produced 70,000 tons of steel in March at a cost of 1,450,000. In April, the foundry produced 45,000 tons at a cost

image text in transcribed South Chetham Foundry produced 70,000 tons of steel in March at a cost of 1,450,000. In April, the foundry produced 45,000 tons at a cost of 1,300,000. Requirement 1. Using only these two data points, determine the cost function for South Chetham. South Chetham Foundry produced 70,000 tons of steel in March at a cost of 1,450,000. In April, the foundry produced 45,000 tons at a cost of 1,300,000. Requirement 1. Using only these two data points, determine the cost function for South Chetham

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