Answer:
Step-by-step explanation:
So, TML = 104, right?
Now, we know that TMV + LMV is 104.
We also know that TMV is 60.
Sooooo
LMV is simply 104 - 60 = 54
LMV = 54 :)
Answer:
yes
Step-by-step explanation:
x increases by 2, and y increases by 3 consistently
9514 1404 393
Answer:
$562,500 per hour
Step-by-step explanation:
The cost will be a minimum where C'(x) = 0.
C'(x) = 0.56x -0.7 = 0
x = 0.7/0.56 = 1.25
The cost at that production point is ...
C(1.25) = (0.28×1.25 -0.7)1.25 +1 = -0.35×1.25 +1 = 0.5625
The minimum production cost is $562,500 per hour for production of 1250 items per hour.
_____
<em>Additional comment</em>
This is different than the minimum cost <em>per item</em>. This level of production gives a per-item cost of $450. The minimum cost per item is $358.30 at a production level of 1890 per hour.
Answer:
Step-by-step explanation:
Given system of equations:
To solve by the method of substitution, substitute the first equation into the second equation and rearrange so that the equation equals zero:
Factor the quadratic:
Apply the <u>zero-product property</u> and solve for x:
Substitute the found values of x into the <u>second equation</u> and solve for y:
Therefore, the solutions are:
