Money Guide
RSS feed

Sponsor

 

September 2010
M T W T F S S
« Aug    
 12345
6789101112
13141516171819
20212223242526
27282930  
 

Recent Articles

  • Business and finance. In planning for a new item, a manufacturer assumes that?

    Posted on March 2nd, 2010 admin 1 comment



    Business and finance. In planning for a new item, a manufacturer assumes that
    the number of items produced x and the cost in dollars C of producing these items
    are related by a linear equation. Projections are that 100 items will cost $10,000 to
    produce and that 300 items will cost $22,000 to produce. Find the equation that
    relates C and x.

    Can someone please explain??

    Q & A

One Response to “Business and finance. In planning for a new item, a manufacturer assumes that?”

  1. flyash391 March 4th, 2010 at 1:37 am

    10000 = 100x + b
    22000 = 300x + b
    subtract the equations
    12000 = 200x
    x = 60

    10000 = 100(60) + b
    b = 10000 – 6000 = 4000

    so

    Cost = 60 x + 4000

Leave a Reply

 
 

Powered by Yahoo! Answers