A company pays its employees $1,800 each Friday, which amounts to $360 per day for the five-day workweek that begins on Monday.
1 answer:
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Answer:
for minimum cost the intersection point should be calculated i-e
By using calculator
As x can't be negative so x=0.4828
It's the minimum value because as we decrease the operating cost further the capital value will increase so this is the minimum value.
Graphical solution:
