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:
The statement "companies should not provide training to employees because it is the responsibility of individuals to possess the necessary knowledge and skills prior to becoming employed, is entirely wrong. In just one counter example of how this statement would not persist in work places is public service positions. Consistent demand is needed for public service employees. No college or educational program educates an individual on exact protocol on a specific public service field, further training is always required to provide top quality service. Also another example is in the food industry. Waitresses' or Waiters' responsibilities vary between different restaurants protocols and rules. Training is needed and required for someone to work in that specific restaurant, no one is able to "possess the necessary knowledge and skills prior to becoming employed" due to variety of rules, regulations, and preferences in work places.
Explanation:
Answer:
25 N
Explanation:
Use the equation F = m(Vf–Vi) / Δt.
average force = mass (final velocity - initial velocity) / change in time
F = 40 kg(5.0 m/s) / 8.0 s = 200 / 8.0 = 25 kgm / s^2 = 25 Newtons
Assuming he sold all the shares of both companies for $600 and $900 respectively. what the ratio of return on investment from company x to that from company y will be is : 2:3
First step is to calculate x return on investment
x return on investment = $600 - $500
x return on investment= $100
Second step is to calculate y return on investment
y return on investment= $900 - $750
y return on investment= $150
Now let determine the ratio of return on investment from company x to that from company y
Using this formula
Ratio of return on investment=x return on investment/y return on investment
Let plug in the formula
Ratio of return on investment=100/150
Ratio of return on investment=2/3
Ratio of return on investment=2:3
Inconclusion assuming he sold all the shares of both companies for $600 and $900 respectively. what the ratio of return on investment from company x to that from company y will be is : 2:3
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