The minimum production cost of company 2 is greater than the minimum production cost of company 1. We arrived at this value by comparing the production cost of both companies.
<h3>What is meant by minimum production cost?</h3>
The overall cost incurred by a company to manufacture a product or provide services is known as the cost of production.
The objective of every company is to keep this cost at minimum, hence the minimum production cost.
<h3>How do find minimum Production Cost?</h3>
Recall that the production function is given as:
f(x) = 0.25x² - 8x + 600
Inserting the values given by the schedule we have
- f(6) = 0.25(6²) - 8(6) + 600 = 561
- f(8) = 0.25(8²) - 8(8) + 600 = 552
- f(10) = 0.25(10²) - 8(10) + 600 = 545
- f(12) = 0.25(12²) - 8(12) + 600 = 540
- f(14) = 0.25(14²) - 8(14) + 600 = 537
For company 2, we are given the various production costs as;
x - g(x)
6 - 862.2
8 - 856.8
10 - 855
12 - 856.8
14 - 862.2
Juxtaposing the above, we can infer that the minimum production cost of company 2 is greater than the minimum production cost of company 1.
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Answer: Input. Basic. variables
Explanation: there is no explanation
Log analysis tools is an automated tool known as log can consolidate system logs, perform comparative analysis and detect common occurrences or behavior of interest
<h3>What is a log analysis tool?</h3>
Log analysis tools are known to be tools that aids in the generating of web, streaming and other kinds of mail server statistics graphically.
Hence, Log analysis tools is an automated tool known as log can consolidate system logs, perform comparative analysis and detect common occurrences or behavior of interest
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Answer: The graph y = 18
+ mx + 2 will have only one intercept when m = 12 or m = -12.
Explanation: