- 07/04/2019 at 8:38 am #1325719EduGorillaKeymasterSelect Question Language :
The following network gives details about the various activities carried out in a bottling firm for their latest project and the time required for each activity. The average cost incurred in each activity is 5 times the square of the duration of the activity. If the organization wants to reduce the duration of any particular activity, in addition to the average cost, it will have to incur an amount equal to 15 times the cube of the new duration of the activity.
If profit is defined as the difference between the selling price and the average cost, and each bottle
is sold for Rs. 510, what is the approximate percent profit earned by the firm?.
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