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Exam
The variable cost (V) of manufacturing a product varies according to the equation V= 4q, where q is the quantity produced. The fixed cost (F) of production of same product reduces with q according to the equation F = 100/q. How many units should be produced to minimize the total cost (V+F)?
option
(A) 5
(B) 4
(C) 7
(D) 6
Read Solution (Total 7)
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- 5 units..by verification
- 11 years agoHelpfull: Yes(1) No(0)
- They have to produce 5 Numbers
- 11 years agoHelpfull: Yes(1) No(0)
- taking the formula 4q+100/q
substitute the given value one by one
4x5+100/5=40,
4x4+100/4=41,
4x7+100/7=42.29,
4x6+100/6=40.67
the summation of above least values is correct answer 5 - 10 years agoHelpfull: Yes(1) No(0)
- we will gng through option so it will be easy
- 11 years agoHelpfull: Yes(0) No(0)
- Max(V+F)=> MAX(4q+100/q
=>4q^2+100=0 or q=0
=>q=5, q=0
Max=5 - 11 years agoHelpfull: Yes(0) No(0)
- 5
Will the answer
It will come by method maxima and minima .
- 11 years agoHelpfull: Yes(0) No(0)
- equation=4q+100/q
differentiate it,and make it equals 0
4+100*(-1/q^2)=0
then q=5
- 11 years agoHelpfull: Yes(0) No(0)
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