A manufacturing company has the following fixed monthly costs and unit variable costs: Rent = $2,200 Utilities = $375 Variable c
1 answer:
A manufacturing company has the following fixed monthly costs and unit variable costs:
Rent = $2,200
Utilities = $375
Variable costs for materials and assembly = $13.25/unit
Monthly labor = $750
Given is the product is sold at $24.99 per unit
Let the number of units sold be x
Adding total cost =
Equation becomes:
x= 283.21
So, rounding it to nearest whole number we get, 283 units.
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To make that graph you follow these steps.
1) Set the cartesian coordinate system:
- vertical axis: y
- horizontal axis: x
- positive x-semi axis: to the right
- negative x-semi axis: to the left
- positive y-semi axis: upward
- negative y semi axis: dwonward
2) solve the inequality for y:
given: -2x + 5y > 15
transpose-2x: 5y > 15 + 2x
divide by 5: y > 3 + (2/5)x
3) Graph
- draw the line y = 3 + (2/5)x, using a dotted line (i.e. - - - - - -)
- remember that 3 is the y intercept, and 2/5 is the slope
- the line is dotted because the solution does not include the points in the line.
- the solution is the region above and to the left of the dotted line.
4) See the figure attached for better visualization: the pink region is the solution of the inequality.
1) Set the cartesian coordinate system:
- vertical axis: y
- horizontal axis: x
- positive x-semi axis: to the right
- negative x-semi axis: to the left
- positive y-semi axis: upward
- negative y semi axis: dwonward
2) solve the inequality for y:
given: -2x + 5y > 15
transpose-2x: 5y > 15 + 2x
divide by 5: y > 3 + (2/5)x
3) Graph
- draw the line y = 3 + (2/5)x, using a dotted line (i.e. - - - - - -)
- remember that 3 is the y intercept, and 2/5 is the slope
- the line is dotted because the solution does not include the points in the line.
- the solution is the region above and to the left of the dotted line.
4) See the figure attached for better visualization: the pink region is the solution of the inequality.