Hi

Hello, team Jura. This is Adam, your new teammate. As you may be aware, there is a team question that is posted. Please take a look and be familiar with the question. We are to write a comprehensive essay on the given problem. To complete this assignment, I propose that we each pick a few points, study those points and write a paragraph on them (ex. Someone can describe the model and find out the cost of 150 units etc.) We'll then combine our information and I'll volunteer to write up a good copy.

I have already finished the first 4 points

Describe your model. What does your model predict for a production of 150 items? According yo your model, what happens to the average cost per item as production levels increase? Finally, find some other models (not necessarily linear) for which you get other behaviours such as: The average cost remains constant as production increases.

I'll leave up to you guys to the rest. Just pick a point or two to study. Remember, there is a group evaluation at the end. Please participate so I can give each of you guys 100% in participation marks at the end.

Alright guys, lets start this year with a blast!

-Adam Nguyen