Question
In: Statistics and Probability
Suppose the cost of the production and scale of x units of an electronic product is...
Suppose the cost of the production and scale of x units of an
electronic product is P(x)= 180x-0.02x^2-2000 dollars. Graph the
function on a viewing window with x between 0 and 100.
Solutions
Expert Solution
Attached is the script for R studio for plotting and also the final plot
orchestra answered 1 year agoRelated Solutions
The production cost of x units of a product during a month is x ^ 2...
The production cost of x units of a product during a month is x
^ 2 dollars. If you want to produce at least 80 units over the next
three months, formulate and solve a nonlinear programming model to
determine the most economical way to produce.
The cost of producing x units of a product is given by C(x)=700 + 90 x...
The cost of producing x units of a product is given by C(x)=700
+ 90 x - 90 ln(x), where x>=1
Find the minimum average cost
1.) The cost of producing x units of a product is modeled by C(x) = 180+90x-260lnx...
1.) The cost of producing x units of a product is modeled by
C(x) = 180+90x-260lnx where x is greater than and equal to 1
a. Find the average cost function
b. Find the minimum average cost
2.) A fungus is increasing at a continuous rate of 5.2% in
accordance with the exponential growth
model. Find its double time
Smith Electronic Company’s chip-mounting production department had 300 units of unfinished product, each 50% completed on...
Smith Electronic Company’s chip-mounting production department
had 300 units of unfinished product, each 50% completed on
September 30. During October of the same year, this department put
another 900 units into production and completed 1,000 units and
transferred them to the next production department. At the end of
October, 200 units of unfinished product, 70% completed, were
recorded in the ending Work-in-Process Inventory. Smith Electronic
introduces all direct materials when the production process is 50%
complete. Direct labor and factory...
Smith Electronic Company’s chip-mounting production department had 300 units of unfinished product, each 50% completed on...
Smith Electronic Company’s chip-mounting production department
had 300 units of unfinished product, each 50% completed on
September 30. During October of the same year, this department put
another 900 units into production and completed 1,000 units and
transferred them to the next production department. At the end of
October, 200 units of unfinished product, 70% completed, were
recorded in the ending Work-in-Process Inventory. Smith Electronic
introduces all direct materials when the production process is 50%
complete. Direct labor and factory...
A company manufactures x units of Product A and y units of Product B, on two...
A company manufactures x units of Product A
and y units of Product B, on two machines, I and
II. It has been determined that the company will realize a profit
of $2/unit of Product A and a profit of $4/unit of Product
B. To manufacture a unit of Product A requires 6
min on Machine I and 5 min on Machine II. To manufacture a unit of
Product B requires 9 min on Machine I and 4 min on...
A company manufactures x units of Product A and y units of Product B, on two...
A company manufactures x units of Product A
and y units of Product B, on two machines, I and
II. It has been determined that the company will realize a profit
of $2/unit of Product A and a profit of $6/unit of Product
B. To manufacture a unit of Product A requires 6
min on Machine I and 5 min on Machine II. To manufacture a unit of
Product B requires 9 min on Machine I and 4 min on...
A company manufactures x units of Product A and y units of Product B, on two...
A company manufactures x units of Product A
and y units of Product B, on two machines, I and
II. It has been determined that the company will realize a profit
of $3/unit of Product A and a profit of $6/unit of Product
B. To manufacture a unit of Product A requires 6
min on Machine I and 5 min on Machine II. To manufacture a unit of
Product B requires 9 min on Machine I and 4 min on...
Tommy Company makes a product, X-10. It has a production capacity of 10,000 units. The regular...
Tommy Company makes a product, X-10.
It has a production capacity of 10,000 units. The regular selling
price is $135 each. Tommy has received a request from Chully for a
special order of 1,000 units of X-10. Only for this order, no
variable selling cost would be incurred. The following is the
per-unit cost information:
Direct materials (Variable)
$10
Direct labor (Variable)
$35
Variable overhead
$25
Fixed overhead
$30*
Unit product cost
$100
Variable selling
$6
Fixed selling...
1. For 2018, X Company estimated production of 3,000 units of finished product and direct material...
1. For 2018, X Company estimated production of 3,000 units of
finished product and direct material cost of $20,550. Actual
production in 2018 was 2,800 units of finished product, and actual
direct material cost was $14,520.
What was the direct material static budget for
2018?
2. At the start of 2018, X Company developed the following
budgeted total cost function: $8.53X + $229,700, where X is number
of units produced. Budgeted production for the year was 10,800
units.
Actual total...
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