SOLUTION: Please Help.
In planning for a new item, a manufactuer assumes that the number of items
produced x and the cost in dollars C of producing these items are related by a linear eq
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In planning for a new item, a manufactuer assumes that the number of items
produced x and the cost in dollars C of producing these items are related by a linear eq
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Question 110239: Please Help.
In planning for a new item, a manufactuer 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.
Thanks
JMS
no. 52 Answer by josmiceli(19441) (Show Source):
You can put this solution on YOUR website!
m is the slope of the line, and b is the cost of producing 0 items (overhead)
solve for b answer
