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LMR1006.
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- May 17, 2024 at 7:03 pm #705573
Double Co provides a photocopying service for clients at a price of $0.10 per copy. It needs to choose which of two new photocopier models to rent. The costs of each photocopier model are given in the following table:
Photocopier model S T
Annual rental cost $10,000 $8,000
Cost per copy $0.03 $0.05
What is the minimum number of copies per year at which model S would be preferred to model T?A.100,001
B.142,857
C.160,000
D.150,000Doubt:
Actually what is the question referring to ask?
The solution provided to the examiner report is also quite confusing.
Can you please make me understand it in a easy way?May 17, 2024 at 8:50 pm #705576To determine the minimum number of copies per year at which model S would be preferred to model T, we need to compare the total costs of both models and find the point where the cost of model S becomes less than the cost of model T.
Total cost for model S $10,000 + $0.03x
Total cost for model T$8,000 + $0.05x
Subtract 2,000 < 0.02x
etcMay 18, 2024 at 5:53 pm #705628It will find the value of x and it will be 100,000 but the answer is 100,001.
How to know this if the question was in fill in the blanks form?May 18, 2024 at 6:28 pm #705633I do not think this would be a fill in the blank style question
FIB – Would perhaps be
What is the minimum number of copies per year at which model S would be preferred to model T?
—————- to the nearest ‘000
Or something like that.
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