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. Given the above information,if each inspector is paid $100 a day,how many inspectors should the firm hire to minimize the total cost of defective toys?
A)3
B)4
C)5

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.  Given the above information,if each inspector is paid $100 a day,how many inspectors should the firm hire to minimize the total cost of defective toys?
A)3 
B)4 
C)5

Quizplus · Accepted Answer

The Answer of 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.  Given the above information,if each inspector is paid $100 a day,how many inspectors should the firm hire to minimize the total cost of defective toys?
A)3 
B)4 
C)5

A Toy Manufacturer Is Experiencing Quality Problems on Its Assembly