The cost of producing x units of a product during a month is x 1/2 dollars. Show
Question:
The cost of producing x units of a product during a month is x1/2 dollars. Show that the minimum-cost method of producing 40 units during the next two months is to produce all 40 units during a single month.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 71% (7 reviews)
Producing a product Cost of producing x units in a month is sqrtx Month 1 Month 2 Total ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Practical Management Science
ISBN: 978-1305250901
5th edition
Authors: Wayne L. Winston, Christian Albright
Question Posted:
Students also viewed these Business questions
-
A firm produces two products, X and Y. The production technology displays the following costs, where C (i, j) represents the cost of producing i units of X and j units of Y: C (0, 50) = 100 C (5, 0)...
-
A firm produces two products, X and Y. The production technology displays the following costs, where C (i, j) represents the cost of producing i units of X and j units of Y: C(0, 50) = 100 C(5, 0) =...
-
Cost estimation, cumulative average-time learning curve. Cost estimation, cumulative average-time learning curve. The Nautilus Company, which is under contract to the U.S. Navy, assembles troop...
-
Verify that the functions are probability density functions for a continuous random variable X over the given interval. Determine the specified probability. f(x) = xe over [0, ), P(1 X 3)
-
If the rms value of the electric field in an electromagnetic wave is doubled, (a) By what factor does the rms value of the magnetic field change? (b) By what factor does the average intensity of the...
-
Which relationship would you expect to exist between measures of corruption and living standards at the country level? Explain by which channel corruption might affect living standards.
-
Refer to Exhibit 4-4. Give the amounts of the following withrespect to the cost of goods available for sale: (1) Prime costs, (2) Conversion costs, (3) Factory overhead, and (4) Indirect...
-
In receiving terminals of petrochemical plants, some of the liquid natural gas (LNG) storage Tanks are designed to be in ground, to avoid receiving radiation from the sun and also being protected...
-
The rectangular coordinates of a point are given. Find polar coordinates of the point such that r> 0 and 00 <2. (0,2) The polar coordinators are
-
Part A In late 2020, the Nicklaus Corporation was formed. The corporate charter authorizes the issuance of 5,000,000 shares of common stock carrying a $1 par value, and 1,000,000 shares of $5 par...
-
Four items are for sale in the Dollar Value store. The product and sum of their prices is $7.11. What is the price of each item?
-
Suppose that you are hiring a weather forecaster to predict the probability that next summer will be rainy or sunny. The following suggests a method that can be used to ensure that the forecaster is...
-
Explain the need for a code of professional ethics for public accountants. In which ways should the public accoun tants' code of ethics be similar to and different from that of other professional...
-
What solutions would you suggest for reducing chargebacks within the hotel? How can the different divisions within the Hotel Commodore cooperate to resolve conflicts over room status? Suggest ways in...
-
What are the most common misconceptions regarding employee turnover and how can an evidence-based perspective allow organizations to develop more effective retention strategies? Solve What are some...
-
People are affected by alcohol in different ways. List the seven (7) factors that can influence the effect alcohol has on a person?
-
This question is about the development of a revenue budget. Consider the following data: Fee for service population 40,000 Fee For service Visits 115,200 Fee for service utilization rate 0.24 Fee for...
-
For the following method, what value is returned by the invocation (11)? Be sure to strike the Enter key before you click on the Save button. int f(int n) if (n> 3 ) return 3* f( n/3); else return 1:...
-
During 2022, Rostock Company entered into the following transactions. 1. Purchased equipment for $286,176 cash. 2. Issued common stock to investors for $137,590 cash. 3. Purchased inventory of...
-
What is taxable income, and what is the formula for determining taxable income?
-
Three years ago, Paul Wilde exercised all his stock options in the start up company he helped establish and walked away with over $100 million. Since that time, he has spent all his energy, time, and...
-
a. For which persons may a taxpayer deduct medical expenses? b. In the case of children of divorced parents, must the parent who is entitled to the dependency exemption pay the medical expenses of...
-
Assume all of the same facts as in Problem I:6-55, except that during the year Kim rents the condominium a total of 14 days. How does Kim report the income and deductions from the property?
-
Which of the following is not a responsibility of a Credit Reporting Agency under the FCRA? You Answered Requesting that a data furnisher investigate and verify disputed account information Providing...
-
A landlord is paid $82,000 by its commercial tenant as a lease cancellation fee. The tenant wanted to get our ot its lease so they could move to a different city. The landlord had held the lease for...
-
Which organization's values are most likely to be effective? Select a Choice Below current question choices OptionA Alpha Corp's values were created based on the inputs from all employees. OptionB...
Study smarter with the SolutionInn App