Problema Solution

Regring,Inc. Regrinds used typewriter platens. The cost to buy each used palten is $2.80. The fixed cost to run the grinding machine is $212 per day. Of the company sells the reground platens for $6.80, how many must be reground daily to break even?

Answer provided by our tutors

let


x = the number of regrounded platens per day


2.80x + 212 = 6.80x


by solving we find:


x = 53 platens


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to break even 53 platens should be regrounded.