À firm manufactures a commodity at two different factories. The total cost of manufacturing depends on the quantities, q1 and q2, supplied by each factory, and is expressed by the joint cost functionf(q1,92) = 2q + q192 +q2 + 500. The company's objective is to produce 200 units, while minimizing production costs. Using Lagrange multiplier method, find how many units should be supplied by each factory? %3D

Q: A company operates two plants which manufacture the same item and whose total cost functions are C₁…

A: A cost function is a critical parameter that defines how well a machine learning model performs on a…

Q: You are buying a car. Would you prefer a higher rate for a lower term or a lower rate for a longel…

A: Given that You are buying a car. Would you prefer a higher rate for a lower term or a lower rate for…

Q: .Vijay's Milk Farm's cost function is defined as: C(x) = 7800+81x +0.02x² Evaluate the company's: i.…

A: Topic:- Algebra

Q: Given the cost function C(x) = 0.79x + 51, 040 and the revenue function R(x) = 1.95x, then find and…

A:

Q: What is the optimal productivity rate for a two-person carpentry crew that has a measured…

A:

Q: A company produces two types of hand soaps: a solid and a liquid soap. The cost of production for a…

A: From the given data:x1=200+100p2-p1 and x2=500-150p2Total…

Q: Graph these parametric equations on the TI and include screenshots x = 2t – 2 sin t, y = 2 – 2 cos t…

A: In the Cartesian coordinate system, the parametric equations use a third variable(usually "t") to…

Q: A small generator burns two types of fuel low sulfur and high sulfur to produce electricity. For one…

A: Here we will form a linear programming and solve it graphically to find optimal value for x and y…

Q: As a consultant hired by Ray limited, you are required to advise the company on the level each…

A: Concept of Producer and Consumer Surplus:-Consumer Surplus:-This represents the difference between…

Q: A grocery store sells two brands of a product, the "house" brand and a "name" brand. The manager…

A: The revenue generated from the "house" brand and "name" brand is calculated as, Revenue=∑selling…

Q: A company produces two types of hand soaps: a solid and a liquid soap. The cost of production for a…

A: Given that the cost of production of 1 unit of solid soap is 10 cents = 0.1 dollars and the cost of…

Q: August eats a mix of Food X and Food Y for lunch. The amount of protein, calories,and sodium per…

A: Let x denote the number of ounces for Food X and let y denote the number of ounces of Food Y. The…

Q: The demand for rubies at Royal Ruby Retailers is given by p+ 80 where p is the price RRR charges (in…

A:

Q: A company produces two types of hand soaps: a solid and a liquid soap. The cost of production for a…

A: Given that the cost of production per soap is 10 cents and that per liquid soap is 20 cents. Let x1…