If production is limited to 600 units per month find the


A firm has monthly average costs, in dollars, given by

C‾=[45,000/x]+100+x

where x is the number of units produced per month. The firm can sell its product in a competitive market for $1600 per unit.

If production is limited to 600 units per month, find the number of units that gives maximum profit, and find the maximum profit.

Request for Solution File

Ask an Expert for Answer!!
Operation Management: If production is limited to 600 units per month find the
Reference No:- TGS02588291

Expected delivery within 24 Hours