A toy manufacturer is experiencing quality problems on its assembly line. Every defective toy that leaves the factory costs the firm $20. The firm has decided to hire quality inspectors to catch defective toys before they leave the factory.

$\begin{array}{ll}
\text { Nimber of } & \text { Number of Defective } \
\text { Inspectors } & \text { Toys (per day) }\
0 & 40 \
1 & 24 \
2 & 16 \
3 & 10 \
4 & 6 \
5 & 2 \
6 & 0
\end{array}$
-If the cost of each defective toy rises to $50, while inspectors are paid $150 a day, how many inspectors should the firm hire?

Question

A toy manufacturer is experiencing quality problems on its assembly line. Every defective toy that leaves the factory costs the firm $20. The firm has decided to hire quality inspectors to catch defective toys before they leave the factory.

$\begin{array}{ll}
\text { Nimber of } & \text { Number of Defective } \
\text { Inspectors } & \text { Toys (per day) }\
0 & 40 \
1 & 24 \
2 & 16 \
3 & 10 \
4 & 6 \
5 & 2 \
6 & 0
\end{array}$
-If the cost of each defective toy rises to $50, while inspectors are paid $150 a day, how many inspectors should the firm hire?

Quizplus · Accepted Answer

Hiring 5 inspectors results in 2 defective toys, costing $100 in defects and $750 in wages, totaling $850. This is the lowest total cost compared to other options.

A Toy Manufacturer Is Experiencing Quality Problems on Its Assembly