Each competing manufacturer produces the same widgets. The monthly operational cost for manufacturer A to produce 2,000
Fantastic news! We've Found the answer you've been seeking!
Question:
Each competing manufacturer produces the same widgets. The monthly operational cost for manufacturer A to produce 2,000 widgets is $50,000. Manufacturer B produces 3,000 widgets a month and its operational cost is $60,000. Manufacturer C produces 10,000 widgets a month, its operational cost is $150,000. Manufacturer D Produces 15,000 widgets each month and its operational cost is $210,000. Holding everything else equal.
What is the manufacturer most efficient?
Related Book For
Management Science The Art of Modeling with Spreadsheets
ISBN: 978-1118582695
4th edition
Authors: Stephen G. Powell, Kenneth R. Baker
Posted Date: