Suppose that at the certain factory setup cost is directly proportional to the number of machines...

Suppose that at the certain factory setup cost is directly proportional to the number of machines used, and operating cost is inversely proportional to the number of machines used. Show that when the total costs is minimal, the setup cost is equal to the operating cost. Hint: Total cost = setup cost + operating cost)

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milcah answered 1 year ago

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