How to maximize output with minimum input

Reference no: EM13246324

using the following production rates in the chartslisted:
inputs($/hr) output(units/hr)
$300 50
500 100
700 150
1400 200
2000 250
selling price (dollars perunit) output (units per hour)
$10 100
9 150
8 200
7 250

(a) select an appropriate economic criterionand estimate the production rate based upon it.

(b) how could you maximize output with minimum input . explain

Reference no: EM13246324

Questions Cloud

Find the total charge on the protons : You are given a container with 5.0g of hydrogen atoms. What is the total charge on the electrons in the container? What is the total charge on the protons

Explain what volume of o2 is required to synthesize : What volume of O2 at 798 mm Hg and 39 degrees celsius is required to synthesize 19.0 mol of NO

How much interest will be paid under each scenario : A company that manufactures in-line mixers for bulk manufacturing is considering borrowing $1.25 million to update a production line.If it borrows the money now, it can do so at an interest rate of 8%per year simple interest for 4 years.

Explain the final volume be for the pressure of the gas : A cylinder with a moveable piston contains 184mL of nitrogen gas at a pressure of 1.02atm and a temperature of 306 K. What must the final volume be for the pressure of the gas to be 1.52m atm at a temperature of 370 K

How to maximize output with minimum input : (a) select an appropriate economic criterionand estimate the production rate based upon it. (b) how could you maximize output with minimum input . explain

Estimate its luminosity in solar luminosities : Consider a 7 solar mass main sequence star, Estimate its luminosity in solar luminosities and how long (in years) it could maintain its luminosity through gravitational collapse

What is the expected return on the firms equity : What is the expected return on the firm's equity before the announcement of the stock repurchase plan and what is the value of equity after the announcement of the stock repurchase plan?

Who gain from the decision are greater than the losses : ensure that the benefits to those who gain from the decision are greater than the losses of those who are harmed by thedecision. which criterion would you select to use in determining the route of the highway. explain

Explain the gas expands at constant temperature : A 22.0 L volume of an ideal gas in a cylinder with a piston is at a pressure of 3.0 atm. Enough weight is suddenly removed from the piston to lower the external pressure to 1.5 atm. The gas then expands at constant temperature until its pressure i..

User Account

All Pages