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optimize your Human Resources and Production decisions

After a study done a company shows a table below summarizes the results from the study:

This is based on 5 untis of capital is currently used. Workers are paid at $50.00 per unit. Per unit capital costs are $10.00 and a product is sold for $5.00 each. Given this information optimize your Human Resources and Production decisions. Do you anticipate earning a profit or a loss. Explain.?

Labor Output
0 0
1 10
2 30
3 60
4 80
5 90
6 95
7 95
8 90
9 80
10 60
11 30

Solution Summary

Ideas are presented on how to optimize your Human Resources and Production decisions.

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