A division of Ditton Industries manufactures a deluxe toaster oven. Management has determined that the daily marginal cost function associated with producing these toaster ovens is given by
C '(x) = 0.0003x2 − 0.18x + 21
where C '(x) is measured in dollars/unit and x denotes the number of units produced. Management has also determined that the daily fixed cost incurred in the production is $800.
(a) Find the total cost incurred by Ditton in producing the first 300 units of these toaster ovens per day.
(b) What is the total cost incurred by Ditton in producing the 201st through 300th units/day?
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A division of Ditton Industries manufactures a deluxe toaster oven. Management has determined that the daily marginal cost function associated with producing these toaster ovens is given by
A division of Ditton Industries manufactures a deluxe toaster oven. Management has determined that the daily...
A division of Ditton Industries manufactures a deluxe toaster oven. Management has determined that the daily marginal cost function associated with producing these toaster ovens is given by C'(x) = 0.0003x^2 - 0.12x + 23 where C'(x) is measured in dollars/unit and x denotes the number of units produced. Management has also determined that the daily fixed cost incurred in the production is $800. Find the total cost incurred by Ditton in producing the first 300 units of these toaster...
tagsautosave question2304213 0 11. -POINTS TANAPCALC9 6.4.041. MY NOTES A division of Ditton Industries manufactures a...
tagsautosave question2304213 0 11. -POINTS TANAPCALC9 6.4.041. MY NOTES A division of Ditton Industries manufactures a deluxe toaster oven Management has determined that the daily marginal cost function associated with producing these toaster ovens is given by CYx) = 0.00062 -0.12+ 20 where c'ex) is measured in dollars per unit and x denotes the number of units produced. Management has also determined that the daily fed cost incurred in the production is $800. (a) Find the total cost incurred by...
question 49 and then43 20-sec period after the booster rocket was activated. Hint: The distance is...
question 49 and then43
20-sec period after the booster rocket was activated. Hint: The distance is given by Jd 48. TABLET CoMPUTERS Annual sales (in millions of units) of a certain brand of tablet computers are expected to grow in accordance with the function f(r) = 0.13° + 0.16t + 2.64 6) (0 t 54· Cr per year, where t is measured in years, How many tablet computers will be sold over the next 6 years? in 49. CREDIT CARD...
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Caldwell Home Appliances Inc. is estimating the activity cost associated with producing ovens and refrigerators. The indirect labor can be traced into four separate activity pools, based on time records provided by the employees. The budgeted activity cost and activity-base information are provided as follows: Activity Activity Pool Cost Activity Base Procurement $12,600 Number of purchase orders Scheduling 90,000 Number of production orders Materials handling 11,000 Number of moves Product development 50,000 Number of engineering changes Total cost $163,600 The...
Caldwell Home Appliances Inc. is estimating the activity cost associated with producing ovens and refrigerators. The...
Caldwell Home Appliances Inc. is estimating the activity cost associated with producing ovens and refrigerators. The indirect labor can be traced into four separate activity pools, based on time records provided by the employees. The budgeted activity cost and activity-base information are provided as follows: Activity Activity Pool Cost Activity Base Procurement $12,600 Number of purchase orders Scheduling 90,000 Number of production orders Materials handling 11,000 Number of moves Product development 50,000 Number of engineering changes Total cost $163,600 The...
A company determined that the marginal cost, C'(x) of producing the xth unit of a product...
A company determined that the marginal cost, C'(x) of producing the xth unit of a product is given by C'(x) = x2 - 6x. Find the total cost function C, assuming that C(x) is in dollars and that fixed costs are $3000. C(x) =
Please solve all of them. 7. The revenue function for a product is given by 60x2...
Please solve all of them.
7. The revenue function for a product is given by 60x2 R(x) = 2x+1 a. Find the marginal revenue function The price of a product in a competitive market is $300. The cost per unit of producing the product is 160 + 0.1% dollars, where x is the number of units produced per month a. Find the marginal cost function. b. Find the marginal revenue function b. Find MR(100) and interpret your results. c. Find...
Can you please solve thses? 11) A pen manufacturer determined that the total cost in dollars...
Can you please solve thses?
11) A pen manufacturer determined that the total cost in dollars of producing x dozen pens in one day is given by: C(x) - 350 + 2x -0.01x2 O sx $100 Find the marginal cost at a production level of 70 dozen pens and interpret the result A) The marginal cost is $0.62/doz. The cost of producing 1 dozen more pens at a production level of 70 dozen pens is approximately $0.62. B) The marginal...
4. (10 points) A company's marginal cost function is C'(x) = 3.22 – 2x + 10...
4. (10 points) A company's marginal cost function is C'(x) = 3.22 – 2x + 10 dollars, where a denotes the number of units produced in 1 day. Determine the increase in cost if the production level is raised from r = 1 to 1 = 3 units. Show all of your work.
A division of Ditton Industries manufactures a deluxe toaster oven. Management has determined that the daily marginal cost function associated with producing these toaster ovens is given by C'(x) = 0.0003x^2 - 0.12x + 23 where C'(x) is measured in dollars/unit and x denotes the number of units produced. Management has also determined that the daily fixed cost incurred in the production is $800. Find the total cost incurred by Ditton in producing the first 300 units of these toaster...
tagsautosave question2304213 0 11. -POINTS TANAPCALC9 6.4.041. MY NOTES A division of Ditton Industries manufactures a deluxe toaster oven Management has determined that the daily marginal cost function associated with producing these toaster ovens is given by CYx) = 0.00062 -0.12+ 20 where c'ex) is measured in dollars per unit and x denotes the number of units produced. Management has also determined that the daily fed cost incurred in the production is $800. (a) Find the total cost incurred by...
question 49 and then43
20-sec period after the booster rocket was activated. Hint: The distance is given by Jd 48. TABLET CoMPUTERS Annual sales (in millions of units) of a certain brand of tablet computers are expected to grow in accordance with the function f(r) = 0.13° + 0.16t + 2.64 6) (0 t 54· Cr per year, where t is measured in years, How many tablet computers will be sold over the next 6 years? in 49. CREDIT CARD...
A company determined that the marginal cost, C'(x) of producing the xth unit of a product is given by C'(x) = x2 - 6x. Find the total cost function C, assuming that C(x) is in dollars and that fixed costs are $3000. C(x) =
Please solve all of them.
7. The revenue function for a product is given by 60x2 R(x) = 2x+1 a. Find the marginal revenue function The price of a product in a competitive market is $300. The cost per unit of producing the product is 160 + 0.1% dollars, where x is the number of units produced per month a. Find the marginal cost function. b. Find the marginal revenue function b. Find MR(100) and interpret your results. c. Find...
Can you please solve thses?
11) A pen manufacturer determined that the total cost in dollars of producing x dozen pens in one day is given by: C(x) - 350 + 2x -0.01x2 O sx $100 Find the marginal cost at a production level of 70 dozen pens and interpret the result A) The marginal cost is $0.62/doz. The cost of producing 1 dozen more pens at a production level of 70 dozen pens is approximately $0.62. B) The marginal...
4. (10 points) A company's marginal cost function is C'(x) = 3.22 – 2x + 10 dollars, where a denotes the number of units produced in 1 day. Determine the increase in cost if the production level is raised from r = 1 to 1 = 3 units. Show all of your work.
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