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The Model of Average Cost and Quantity with Labor and Capital on Hub Process in Dongyue of GM

DOI : https://doi.org/10.36349/easjecs.2021.v04i05.001
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As for GM (General Motor limited corporation) Dongyue company the car wheel hub is an important component. Therein it is needed to model to search its cost and quantity. For the sake of precision the whole data has been adopted subjective virtual one. After modeling the best labor is 5 whilst the best capital is 15. Furthermore the graph shows the better result to the workshop financial division to reserve and evaluate the economy and price for better turnover and profit finally. Through comparing these data in graph it is found the revenue is fit for it, no bigger regulation has been needed in general. Two machines is adopted to proceed the manufacture for the cost down and quantity. Meantime for the sake of more revenue it is suggested that low price will gain more revenue since the more quantity is sold. In general the machine quantity and price & goods quantity is the fundamental parameter.

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Lecturer, Dept. of Pharmacology and Therapeutics, Shaheed Monsur Ali Medical College & Hospital, Uttara, Dhaka-1230, Bangladesh

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