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DSC1520 ASSESSMENT 1 SEMESTER 1 2024 Quantitative Modelling I - DS1520

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DSC1520 ASSESSMENT 4 SEMESTER 1 2024 Quantitative Modelling I - DS1520 DETAILED EXAPLANATIONS AND CALCULATIONS

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C = a + bQ

40 = a + 10b: a = 40 – 10b

70 = a + 20b

70 = 40 – 10b + 20b

70 = 40 +10b

30 = 10b

3=b

a = 40 – 30 = 10

C of producing 35 units = 10 + 3*35 = R115,00




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