QUIZ 1
Name
Prob. 1 Let 
. Find
a. 
b. 
c. 
d. 
Prob. 2 A company includes a manual with each piece of software it sells, and is trying to decide whether to contract with an outside supplier to produce it or to produce the manual in-house. The lowest bid of any outside supplier is $.75 per manual. The company estimates that producing the manuals in-house will require fixed costs of $10,000 and variable costs of $.50 per manual. Which alternative has the lower total cost if demand is 20,000 manuals? 50,000 manuals?