The linear equation to model the company's monthly expenses is y = 2.5x + 3650
Solution:
Let "x" be the units produced in a month
It costs ABC electronics company $2.50 per unit to produce a part used in a popular brand of desktop computers.
Cost per unit = $ 2.50
The company has monthly operating expenses of $350 for utilities and $3300 for salaries
We have to write the linear equation
The linear equation to model the company's monthly expenses in the form of:
y = mx + b
Cost per unit = $ 2.50
Monthly Expenses = $ 350 for utilities and $ 3300 for salaries
Let "y" be the total monthly expenses per month
Then,
Total expenses = Cost per unit(number of units) + Monthly Expenses
[tex]y = 2.50(x) + 350 + 3300\\\\y = 2.5x + 3650[/tex]
Thus the linear equation to model the company's monthly expenses is y = 2.5x + 3650
