Añes. Marice
De Guzman, Marnoel
Ocampo, Jediel
Serrano, Faith
Tecson, Adriane
Problems:
1. A plant produces pumps at the rate of P units per day. The variable costs per pump have been
found to be $47.73+0.1P1.2 . The daily fixed charges are $1750, and all other expenses are
constant at $7325/day. If the selling price per pump is $173, determine the number of units
needed to minimize the cost per unit
𝑑𝐶𝑇 9075
𝑑𝑃
= (1.2)(.1)(P.2)- 𝑃2
=0