Mining Engineering > GATE 2020 > Production Planning and Control
The selling price of one rock bolt (in Rs.) is given as, S=(200-10n-0.5) where n is the number of bolts produced. The manufacturing cost of rock bolts has a fixed component of Rs. 15000, and a variable component of Rs. 100 per bolt. The minimum break-even production, in number of rock bolts, is _________. (round off to 1 decimal place).
Explanation
Correct : 148.0
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