SOLUTION: Can you help me please!
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
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-> SOLUTION: Can you help me please!
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
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Question 99226: Can you help me please!
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 eqaution that relates C and x.
Thanks, Answer by aaaaaaaa(138) (Show Source):
You can put this solution on YOUR website! If the equation that determines C is a linear equation, it is of the form
We have that:
Now it's a simple matter of solving the system. It's pretty easy by elimination:
The resulting equation is, therefore:
(