View Full Version : Simple math Q; really annoying me cuz I can't get it.
CSR
Jul 30th, 2006, 05:34 PM
Exact Q:
For a manufacturere, the cost of making a part is $30 per unit for labor and $10 per unit for materials; overhead is fixed at $20,000 per week. If more than 5000 units are made each week, labour is $45 per unit for those units in excess of 5000. At what level of production will average cost per unit be a minimum.
Subject... Max/Min problem... i.e derivatives.
I'm annoyed b/c I can't set up the variables.
Ok math gurus... please help.
Minimize avgerage cost.
Cost of making a part is:
Labour: $30/unit
Material: $10/unit
Fixed Cost $20,000
Kicker: If more than 5000 units are made, labour is $45/unit for those units in excess of 5000.
Thanks in advance... it should be reallly simple, but I can't think straight now.
I can only get:
Avg. cost = C(x) / x
C(x) = 20000 + 10x + 30x if x between 0-5000
C(x) = 20000 + 10x + 30x + 15(x-5000) if x > 5000
But case defined functions are useless here.
JohnB
Jul 30th, 2006, 05:43 PM
Why would labour increase by 50% for units 5001 and over ???
Just wondering...
But labour and material are fixed its just that FixedCost is less per unit (spread out) as you make more units...so to make the first unit it costs you $20,040 !!! then over time the FixedCost spreads out - this is the point of the problem.
What grade is this for, by the way ?
Subject... Max/Min problem... I'm annoyed b/c I can't set up the variables
Cost of making a part is:
Labour: $30/unit
Material: $10/unit
Fixed Cost $20,000
Kicker: If more than 5000 units are made, labour is $45/unit for those units in excess of 5000.
Thanks in advance... it should be reallly simple, but I can't think straight now.
I can only get:
C(x) = 20000 + 10x + 30x if 0 < x 5000
But case defined functions are useless here.
CSR
Jul 30th, 2006, 05:49 PM
1st yr calc, i'm trying to help my friend... its bugging me that I can't get it.
PlayerOne
Jul 30th, 2006, 05:50 PM
probalby grade 12, and would help if you post the exact question, cuz i don't think that's it
and you should check out a service that the tutoring service i work for offer
http://www.iptutoring.net/emailtut.html
for comparison, here's another tutoring website that offers similar services but more expensive
http://www.premiertutoring.com/email-tutoring.html
zegerman
Jul 30th, 2006, 05:53 PM
Labour increased by 50% over 5000 units because of overtime :cheesygri
too much thinking to make it into one formula
crap .. it keeps cutting off the bottom of my post .. oh well it wasn't what the OP wanted anyways
CSR
Jul 30th, 2006, 05:55 PM
I need 1 function... no conditions.
CSR
Jul 30th, 2006, 05:59 PM
Labour increased by 50% over 5000 units because of overtime :cheesygri
too much thinking to make it into one formula
crap .. it keeps cutting off the bottom of my post .. oh well it wasn't what the OP wanted anyways
Ya its really annoying because you can't use angle brackets "" since it conflicts w/ the Html
PlayerOne
Jul 30th, 2006, 06:58 PM
my laptop just died on me, something about dumping physical memory, took a while to find problem, anyhow, fixed now and here it's is the solution
what do i win? :cheesygri
ya it's messy, if you get help from the place i work at tho, they'll give you nice solutions, like this (http://www.iptutoring.net/images/samplequestion.jpg)
CSR's Question (http://i79.photobucket.com/albums/j136/PlayerOne/CSR.jpg)
CSR
Jul 30th, 2006, 07:20 PM
my laptop just died on me, something about dumping physical memory, took a while to find problem, anyhow, fixed now and here it's is the solution
what do i win? :cheesygri
ya it's messy, if you get help from the place i work at tho, they'll give you nice solutions, like this (http://www.iptutoring.net/images/samplequestion.jpg)
CSR's Question (http://i79.photobucket.com/albums/j136/PlayerOne/CSR.jpg)
Wow, you are the man!
Thanks a bunch.
CSR
Jul 30th, 2006, 07:25 PM
Hold on C(5000) should be more than 44.
PlayerOne
Jul 30th, 2006, 07:28 PM
Hold on C(5000) should be more than 44.
why?
cost/unit is 30+10, flat rate is 20 000
so
[20 000 + 40(5000)]/5000
= 44
CSR
Jul 30th, 2006, 07:33 PM
why?
cost/unit is 30+10, flat rate is 20 000
so
[20 000 + 40(5000)]/5000
= 44
sry you're right.
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