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PortalGuard Single Sign-On Class Problems Week 11 + C D yccd.instructure.com/courses/32474/assignments/720084 Calc for Bus/Soc/Life Sci > Assignments > Class Problems Week 11 2023SP Home Announcements Assignments Student Connect YCCD Zoom Syllabus Grades (?) Follett Discover 11 Class Problems Week 11 A+ Due Friday by 11:59pm Points 5 File Types pdf, png, jpg, jpeg, and doc Submitting a text entry box or a file upload Available until May 19 at 11:59pm Start Assignment Problem 1 A. A factory is considering switching its process to produce rebar. The projected revenue of this company is given by the function R(t) = -0.05(t -5) + 20, where t is in years and R is in hundreds of thousands of dollars. The projected costs for this company if it switches processes are given by C (t) = 0.1(t 6) + 15. The company knows that it will experience a loss in profits for the first few years while it switches to this new process, but then at some point their profit margin should start to rise again. At what point will this occur? Hint: Profit is Revenue minus costs, or R(t)-C(t). B. The factory manager, regardless of how good future earnings might be with this process, will be fired if the company's profits ever reach under $500,000 (a value of 5 out of the function). Will the factory manager switch processes, assuming they want to keep their job? Some Rubric Criteria Ratings Problem 1 5 pts 4 pts Type here to search E 1 pts S Pts O pts ? Earnings upcoming M Immersive Reader 8:39 PM 4/5/2023 PortalGuard Single Sign-On Class Problems Week 11 + C D yccd.instructure.com/courses/32474/assignments/720084 Calc for Bus/Soc/Life Sci > Assignments > Class Problems Week 11 2023SP Home Announcements Assignments Student Connect YCCD Zoom Syllabus Grades (?) Follett Discover 11 Class Problems Week 11 A+ Due Friday by 11:59pm Points 5 File Types pdf, png, jpg, jpeg, and doc Submitting a text entry box or a file upload Available until May 19 at 11:59pm Start Assignment Problem 1 A. A factory is considering switching its process to produce rebar. The projected revenue of this company is given by the function R(t) = -0.05(t -5) + 20, where t is in years and R is in hundreds of thousands of dollars. The projected costs for this company if it switches processes are given by C (t) = 0.1(t 6) + 15. The company knows that it will experience a loss in profits for the first few years while it switches to this new process, but then at some point their profit margin should start to rise again. At what point will this occur? Hint: Profit is Revenue minus costs, or R(t)-C(t). B. The factory manager, regardless of how good future earnings might be with this process, will be fired if the company's profits ever reach under $500,000 (a value of 5 out of the function). Will the factory manager switch processes, assuming they want to keep their job? Some Rubric Criteria Ratings Problem 1 5 pts 4 pts Type here to search E 1 pts S Pts O pts ? Earnings upcoming M Immersive Reader 8:39 PM 4/5/2023
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