Use shadow costs to calculate the total cost in this case

Assignment Help Mathematics
Reference no: EM13179121

The Chemistry department at a local college decides to stock at least 900 small test tubes and 600 large test tubes. It wants to buy at least 2700 test tubes to take advantage of a special price. Since the small test tubes are broken twice as often as the large, the department will order at least twice as many small test tubes as large.

a) If the small test tubes cost 18 cents each and the large ones cost 15 cents each, how many of each size should be ordered to minimize cost?

b) Suppose the minimum number of test tubes is increased to 3000. Use shadow costs to calculate the total cost in this case.

Reference no: EM13179121

Questions Cloud

What is the probability that natasha wins the match : Natasha and Allison are playing a tennis match where the winner must win 2 sets in order to win the match.
Find the rate at which water is being pumped : find the rate at which water is being pumped into the tank in cubic centimeters per minute.
Realizing the potential of web-based internal equity tools : Assess the barriers that prevent organizations from realizing the potential of Web-based internal equity tools and propose three (3) approaches to overcome those barriers. (200 words, please cite your source)
Make up a differential equation : Make up a differential equation that you feel confident possesses only the trivial solution y = 0. Explain your reasoning.
Use shadow costs to calculate the total cost in this case : Suppose the minimum number of test tubes is increased to 3000. Use shadow costs to calculate the total cost in this case.
Prepare an income statement for the month end : Why do you think the two students decided to incorporate their business rather than operate it as a partnership and prepare an income statement for the month ended May 31, 2010.
What should be the level of sales be in order for division : (b) What should be the level of sales be in order for the division to realize a 13% profit over the cost of making the diaries? (Round your answer to the nearest whole number.)
What disadvantages has bloc membership produced : What is the basis for their support? That is, what are the specific benefits that countries seek by joining an economic bloc?  What is the main economic bloc for your country?  From your perspective, what advantages has bloc membership brought to y..
How much salt is present in the tank at the end : How much salt is present in the tank at the end of 14 min? (Round your answer to one decimal place.)

Reviews

Write a Review

Mathematics Questions & Answers

  Determining direction derivative

Find the directional derivative at P(-2,2,-1) in the direction of Q(18,-2,4). Find the direction of maximum decrease at P. (your answer does not have to be unit vector.) What is the maximum rate of decrease?

  Find the distance between the functions

To make a conjecture about the tangent lines and the graph with the proof of the conjecture - Find the distance between the functions is greatest, and prove your conjecture.

  Linear system of equations in real example

In 2001, 400 seat Boeing 747s were priced at $200 million each, 300 seat Boeing 777s were priced at $160 million, and 200 passenger Airbus A321s were priced at $60 million.

  Find probability that both circuits are defective

Probability that both circuits are defective, A factory worker places 93 newly created circuits on a shelf to be checked for quality. Of these, 8 will not work correctly. Suppose that she is asked to randomly select two circuits

  Relationship between points and a line

By a line, a great circle on the sphere is referenced. Is it still true that two points determine a unique line? Is it still true that two distinct lines either meet in a single point or do not meet at all?

  Determining pilot off course

A pilot, attempting to fly from Middletown to Westburg, a distance of 200 miles, notices after flying 180 miles that West burg is still 35 miles away because the heading was off by a few degrees.

  What are the general dimensions of the prism

The volume of a rectangular prism is given by the formula V = lwh. What are the general dimensions of the prism if the volume is 6x3 +9x2 - 6x? You will not have an exact dimension but rather an expression that represents them.

  The probability that the nurse forgets to administer

An absent-minded nurse is to give Mr. Brown a pill each day. The probability that the nurse forgets to administer the pill is 2/3. If he receives the pill, the probability that Mr. Brown will die is 1/3.

  Find what is the expected weekly profit for a salesperson

Write out the probability distribution for of sales during a five-day week. What is the mean and variance of this distribution? Assume that the profit from each sale is $750 for the situation in additional problem. What is the expected weekly profi..

  Variable systems of equations from application word problems

The sum of three numbers is 6. The third number is the sum of the first and second numbers. The first number is one more than the thrid number. Find the numbers.

  Straight-line-double-declining balance

Cutter Enterprises purchased equipment for $72,000 on January 1, 2006. The equipment is expected to have a five-year life, with a residual value of $6,000 at the end of five years.

  Permutations in probability

There are 10 workers and 2 administrators in a company meeting room. Two people will be selected at random without replacement. The chance that the second person is a worker is:

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd