SOLUTION: A machine to manufacture fasteners has a setup cost of $1,100 and a unit cost of $0.005 for each fastener manufactured. A newer machine has a setup cost of $1,700 but a unit cost o

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: A machine to manufacture fasteners has a setup cost of $1,100 and a unit cost of $0.005 for each fastener manufactured. A newer machine has a setup cost of $1,700 but a unit cost o      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 1202876: A machine to manufacture fasteners has a setup cost of $1,100 and a unit cost of $0.005 for each fastener manufactured. A newer machine has a setup cost of $1,700 but a unit cost of only $0.0025 for each fastener manufactured. Find the break point. (Round your answer to the nearest whole unit.)
Found 2 solutions by josgarithmetic, ikleyn:
Answer by josgarithmetic(39620) About Me  (Show Source):
You can put this solution on YOUR website!
MACHINE cost
0.005n%2B1100

NEW MACHINE cost
0.0025n%2B1700

The question asking for a "break point" is lacking in something. Maybe better, for how many units are the two costs the same?
0.005n%2B1100=0.0025n%2B1700
Solve for n.

Answer by ikleyn(52803) About Me  (Show Source):
You can put this solution on YOUR website!
.

Learn the language and terminology.