3(a) The cost of manufacturing motor cycles (per day) is related to number to number of motor cycles produced, per day. If the cost function (C) is related to the following equation as given, determine the optimum number of motor cycles that need to be produced, daily, corresponding to minimum cost. Note that X denotes total number of motor cycles manufactured per day.. Total Cost (C) in SAR= (1/3) X- 200-X -50000 X
3(a) The cost of manufacturing motor cycles (per day) is related to number to number of motor cycles produced, per day. If the cost function (C) is related to the following equation as given, determine the optimum number of motor cycles that need to be produced, daily, corresponding to minimum cost. Note that X denotes total number of motor cycles manufactured per day.. Total Cost (C) in SAR= (1/3) X- 200-X -50000 X
Chapter6: Proudction Costs
Section: Chapter Questions
Problem 8SQP
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