EAS Publisher | The Modeling of Car Cost and Revenue & Best Condition in Manufacturer on Economics

The Modeling of Car Cost and Revenue & Best Condition in Manufacturer on Economics

DOI : https://doi.org/10.36349/easjecs.2021.v04i06.002

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The relationship between revenue and cost is established to find the intrinsic nature. It is found when the best labour is 98 the cost is low and the number of cars are 1.4 with the intersection of 80 thousand RMB which is turnover point. When the best capital is 498RMB the turnover point is 0.5 of the number of cars with the 50 thousand RMB. The minimum total cost has been established to find the labor and piece. It is found the 1Yuan are the minimum total cost at labor of 0.001 with γ=0.02 and Pk=200. The biggest total cost will happen which attains 250 product at labor being 480.

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