Question

A machine has three speed settings (low, medium, fast). The low setting produces 110 units with a 90% quality rating.

Answer 1

Answer:

If each unit sells for $20 then the setting which makes the company the most money is the low setting.

Step-by-step explanation:

i) for low setting the number of units that can be sold is  

= 0.9 $\times$ 110    = 99 units

ii) for medium setting the number of units that cab be sold

= 0.8  $\times$  120    = 96 units

iii) for fast setting the number of units that can be sold

= 0.7  $\times$  140 = 98 units

If each unit sells for $20 then the setting which makes the company the most money is the low setting.