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    optimize your Human Resources and Production decisions

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    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

    © BrainMass Inc. brainmass.com October 9, 2019, 5:31 pm ad1c9bdddf
    https://brainmass.com/economics/production/optimize-your-human-resources-and-production-decisions-59622

    Solution Summary

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

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