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:
Do you need a full explanation?
Explanation:
<span>C) the explanation of benefits</span>
of course the skinny dog and regular dog and CHUBBY dog don't skip meals
There are different kinds of Christmas traditions. Before turkey, the traditional English Christmas dinner included a pig’s head smothered in mustard. is a true statement.
There are a lot of festive facts that can help one to be in the mood for Christmas and this can also be discussed during Christmas dinner. This makes it lively and fun.
One of the popular fact is that Before turkey, the traditional Christmas meal in England was a pig's head and mustard in the middle ages and up to that was "black bird pie" as the boar is known to have been hunted to extinction.
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