 # Pre-Calculus Problem

Subject Mathematics Pre-Calculus

## Question

Decision Analysis A product may be made by Machine I or Machine II. The manufacturer estimates that the monthly fixed costs of using Machine I are \$18,000, whereas the monthly fixed costs of using Machine II are \$15,000. The variable costs of manufacturing 1unit of the product using Machine I and Machine II are \$15 and \$20 respectively. The product sells for \$50 each.

a. Fine the cost functions associated with using each machine

c. Which machine should management choose in order to maximize their profit if the projected sales are 450 units? 550 units? 650 units?

d. What is the profit for each case in part (c)?

## Solution Preview

This material may consist of step-by-step explanations on how to solve a problem or examples of proper writing, including the use of citations, references, bibliographies, and formatting. This material is made available for the sole purpose of studying and learning - misuse is strictly forbidden.

(a) Suppose Machine I and Machine II produce x and y respectively.
For Machine I

Cost Price = 15x + 18000 ...

This is only a preview of the solution. Please use the purchase button to see the entire solution

## Related Homework Solutions

Data Analysis Questions \$15.00
Mathematics
Data Analysis
Predictions
Models
Plots
Polynomials
Curves
Fitting Data
Discussion
Scatterplot
Slope-Intercept Form
Linear Regression
Points
Axes
Certificate of Deposit Discussion \$13.00
Certificate of Deposit
Mathematics
Finance
Daily Compound
Purchases
Interest Rates
Accounts
Expenses
Power
Application of Systems of Equations \$13.00
Mathematics
System of Equations
Perimeter
Area
Volume
Linearity
Application Problems
Information
Statements
Solution Techniques
Variables
Discussion
Pre-Calculus Problem \$5.00
Pre-Calculus
Cost
Total Cost
Distance Formula
Cost of Laying Cable
Cost of Running the Cable
Precalculus Questions \$5.00
Lim
Derivative
Fraction
L'Hospital
Rule
Square
Root
0/0
Differentiate
Arctan
Sin
Ln \$15.00
Mathematics
Functions
Variables
Discussion
People
Numbers
Domain
Range
Systems
Relations
Car Registration
Live Chats