Barry’s Brakes is looking to hire workers to assemble the brake assemblies it produces. Barry has estimated total output of these workers can produce, see the table below. Barry will sell each brake assembly for $200 but the parts cost $160 for each assembly. Number of Workers Total Output (per day) 1 15 2 28 3 38 4 43 The hourly wage for factory workers is $275 per day. How many workers should the factory manager hire ?
Barry’s Brakes is looking to hire workers to assemble the brake assemblies it produces. Barry has estimated total output of these workers can produce, see the table below. Barry will sell each brake assembly for $200 but the parts cost $160 for each assembly. Number of Workers Total Output (per day) 1 15 2 28 3 38 4 43 The hourly wage for factory workers is $275 per day. How many workers should the factory manager hire ?
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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- Barry’s Brakes is looking to hire workers to assemble the brake assemblies it produces. Barry has estimated total output of these workers can produce, see the table below. Barry will sell each brake assembly for $200 but the parts cost $160 for each assembly.
|
Number of Workers |
Total Output (per day) |
|
1 |
15 |
|
2 |
28 |
|
3 |
38 |
|
4 |
43 |
- The hourly wage for factory workers is $275 per day. How many workers should the factory manager hire ?
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