Imagine you have some workers and some handheld computers that you can use to take inventory at a warehouse. There are diminishing returns to taking inventory. If one worker uses one computer, he can inventory 150 items per hour. Two workers sharing a computer can together inventory 200 items per hour. Three workers sharing a computer can together inventory 220 items per hour. And four or more workers sharing a computer can together inventory fewer than 235 items per hour. Computers cost $100 each and you must pay each worker $25 per hour. Instructions: Round your answers to 2 decimal places. a. If you assign one worker per computer, what is the cost of inventorying a single item? b. What if you assign two workers per computer? What is the cost of inventorying a single item?

ENGR.ECONOMIC ANALYSIS
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ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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Imagine you have some workers and some handheld computers that you can use to take inventory at a warehouse. There are
diminishing returns to taking inventory. If one worker uses one computer, he can inventory 150 items per hour. Two workers sharing a
computer can together inventory 200 items per hour. Three workers sharing a computer can together inventory 220 items per hour.
And four or more workers sharing a computer can together inventory fewer than 235 items per hour. Computers cost $100 each and
you must pay each worker $25 per hour.
10
points
Instructions: Round your answers to 2 decimal places.
eBook
a. If you assign one worker per computer, what is the cost of inventorying a single item?
Print
References
b. What if you assign two workers per computer? What is the cost of inventorying a single item?
c. What if you assign three workers per computer?
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Transcribed Image Text:2FIM... Homework Chapter 9 i Saved Help Save Imagine you have some workers and some handheld computers that you can use to take inventory at a warehouse. There are diminishing returns to taking inventory. If one worker uses one computer, he can inventory 150 items per hour. Two workers sharing a computer can together inventory 200 items per hour. Three workers sharing a computer can together inventory 220 items per hour. And four or more workers sharing a computer can together inventory fewer than 235 items per hour. Computers cost $100 each and you must pay each worker $25 per hour. 10 points Instructions: Round your answers to 2 decimal places. eBook a. If you assign one worker per computer, what is the cost of inventorying a single item? Print References b. What if you assign two workers per computer? What is the cost of inventorying a single item? c. What if you assign three workers per computer? < Prev 9 of 10 Next > Mc Graw Hill ....R.. .... .... .. 71°F Sunny 2 Type here to search DELL
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