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You are the manager at Glass Inc. which is a mirror and window supplier. Recently, you conducted a study of the production process for your
You are the manager at Glass Inc. which is a mirror and window supplier. Recently, you conducted a study of the production process for your single-side encapsulated window. The results from the study are summarized in the attached table and are based on the 5 units of capital currently available at your plant. Workers are paid $50 per unit, per unit capital cost are $10, and your window sells for $5 each. Please optimize the human resource and production decisions. Do anticipate earning a profit or loss? Explain carefully. TABLE Labor Output o 1 1 10 2 30 3 60 4 80 5 90 6 95 7 95 8 90 9 80 10 60 11 30
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