The average cost/unit for the production of a particular component at a manufacturing plant varies with the number of units produced in each batch. The data are given below.
$$\begin{array} { | l | l | }
\hline \text { Number of Units Produced } & \text { Cost/Unit } \
\hline 0 - 49 & \$ 37.72 \
\hline 50 - 100 & \$ 25.02 \
\hline
\end{array}$$
Suppose the selling price of each unit is $35.
a. Build a model to calculate the profit of the manufacturing industry if the demand is 20.
b. Construct a data table that shows the profit per unit as a function of demand if the demand ranges between 20 units through 80 units in increments of 10 units.

Question

The average cost/unit for the production of a particular component at a manufacturing plant varies with the number of units produced in each batch. The data are given below.
​ $$\begin{array} { | l | l | } 
\hline \text { Number of Units Produced } & \text { Cost/Unit } \
\hline 0 - 49 & \$ 37.72 \
\hline 50 - 100 & \$ 25.02 \
\hline
\end{array}$$ ​
Suppose the selling price of each unit is $35. 
a. Build a model to calculate the profit of the manufacturing industry if the demand is 20.
b. Construct a data table that shows the profit per unit as a function of demand if the demand ranges between 20 units through 80 units in increments of 10 units.

Quizplus · Accepted Answer

The Answer of The average cost/unit for the production of a particular component at a manufacturing plant varies with the number of units produced in each batch. The data are given below.
​ $$\begin{array} { | l | l | } 
\hline \text { Number of Units Produced } & \text { Cost/Unit } \
\hline 0 - 49 & \$ 37.72 \
\hline 50 - 100 & \$ 25.02 \
\hline
\end{array}$$ ​
Suppose the selling price of each unit is $35. 
a. Build a model to calculate the profit of the manufacturing industry if the demand is 20.
b. Construct a data table that shows the profit per unit as a function of demand if the demand ranges between 20 units through 80 units in increments of 10 units.

The Average Cost/unit for the Production of a Particular Component