Homework Help: math

Posted by Dee on Thursday, May 24, 2007 at 12:48am.

Help I can go this far and then lost.
In planning for a new item, a manufacturer assumes that the number of items produced x and the cost in dollars C of producing these items are related by a linear equation. Projections are that 100 items will cost $10,000to produce and the 300 items will cost $22,000 to produce. Find the equation that relates C and x
Cost = K1 * n + K2
n= 100
n = 300
from here I'm lost

Well, you know the cost for each of those n.

10000=k1*100 + k2
22000=k1(300)+k2

solve for the constants.

No one has answered this question yet.

Answer this Question

Related Questions

Algebra - In planning for a new item, a manufacturer assumes that the number of ...
Phoenix - In planning for a new item, a manufacturer assumes that the number of ...
math,correction - The problem states: In planning for a new item, a manufacturer...
Business - In planning a new item, a manufactuer assumes that the number of ...
Algebra I - In planning for a new item, a manufacturer assumes that the number ...
math - You are a manufacturer of a certain item. You’ve calculated that you...
Stats - A production process produces an item. In a recent study, the company ...
Statistics - A production process produces an item. In a recent study, the ...
science - Two machines A and B produce respectively 60% and 40% of the total ...
math - In a factory of electronic items, the total cost of production, expressed...

For Further Reading

First Name:
School Subject:
Answer: