Production point of diminishing returns- a t-shirt, Ask an Expert

Management Studies

Production: point of diminishing returns:-

A T-shirt manufacturer is planning to expand its workforce. It estimates that the number of T-shirts produced by hiring x new workers is given by

T(x)=-0.25x⁴ + 5x³ 0<=x<=15

When is the rate of change of T-shirt production increasing and when is it decreasing? What is the point of diminishing returns and the maximum rate of change of T-shirt production? Graph T and on the same coordinate system.

View complete question

Project Management, Management Studies

Category:- Project Management
Reference No.:- M92023562

Have any Question?Write your Review or question?

Related Questions in Project Management

Wahat are the similarities and differences between the

Wahat are the similarities and differences between the PMBOK and PRINCE2 approaches to project Stackholder management.

How can you assist in determining human resource

How can you assist in determining human resource requirements and How can you contribute to establishing and maintaining productive team relationships?

What are the types of documents required to define

What are the types of documents required to define parameters in a project?

Advanced topics in project management assignment -outline -

Advanced Topics in Project Management Assignment - Outline - Project management is a highly regarded discipline in engineering. It experienced a number of changes or "natural evolution" in the last century, influenced by ...

1 what are some benefits and values of scheduling software

1) What are some benefits and values of scheduling software in a project schedule?

The hospitality industry comprises diverse and varied

The hospitality industry comprises diverse and varied functions and scale of operations. Some organisations may be single function business enterprise such as catering organisation. Others may be larger with multiple bus ...

You are recently assigned to manage an effort to upgrade

You are recently assigned to manage an effort to upgrade about 200 desktops in your company to Windows 10. The project has 4 team members reporting directly to you and is estimated to last about 3 months. Per your compan ...

How does developing interpersonal skills enhance individual

How does developing interpersonal skills enhance individual and team performance

42908 assessment task - project proposal1 executive summary

42908 Assessment Task - Project Proposal 1. Executive Summary - Brief overview of project, main aim of project, potential findings and conclusions. 2. Introduction - Presents general project area, relevance of project, s ...

Advanced project risk managementaimthe aim of this

Advanced Project Risk Management Aim: The aim of this assignment is to: demonstrate the understanding of Decision Tree/Expected Monetary Value and the use of the software Precision Tree schedule a project using Oracle Pr ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Project Management Expert