A factory manager is planning for the manufacture of plywood to be sold overseas. The fixed cost of operation is estimated at​ $800,000 per month while the variable cost is​ $155 per thousand board feet of plywood. The selling price will depend on how much will be produced and sold and is determined by the​ relationship, price per thousand board​ feet, p​ = $600​ – 0.05D, where D is the amount produced and sold in thousands of board feet. Determine the range of profitable production. For profitable​ production, production must be at least  housands of board feet per​ month, but not more than   . ​(Round to the nearest​ unit.)

Refrigeration and Air Conditioning Technology (MindTap Course List)
8th Edition
ISBN:9781305578296
Author:John Tomczyk, Eugene Silberstein, Bill Whitman, Bill Johnson
Publisher:John Tomczyk, Eugene Silberstein, Bill Whitman, Bill Johnson
Chapter2: Matter And Energy
Section: Chapter Questions
Problem 1RQ: Matter is a substance that occupies space and has A. color. B. texture. C. temperature. D. mass.
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A factory manager is planning for the manufacture of plywood to be sold overseas. The fixed cost of operation is estimated at​ $800,000 per month while the variable cost is​ $155 per thousand board feet of plywood. The selling price will depend on how much will be produced and sold and is determined by the​ relationship, price per thousand board​ feet, p​ = $600​ – 0.05D, where D is the amount produced and sold in thousands of board feet. Determine the range of profitable production.

For profitable​ production, production must be at least  housands of board feet per​ month, but not more than   . ​(Round to the nearest​ unit.)

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