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April 28, 2024, 12:55:43 am

Author Topic: etc1010 assignment 1  (Read 1508 times)  Share 

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_avO

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etc1010 assignment 1
« on: July 28, 2011, 09:31:18 pm »
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Hey guys for those doing etc1010 this thread is for discussing assignment 1 which was given out today.

my first question is what is the output variable?
i don't know whether its maximising profit (shouldn't be since we're not given any indicators of revenue), minimising total cost, or minimising breakdowns (or other?) what do you guys think?

lol the example in the lecture notes is so much easier to build a concept map with!!
2011-2014: Bachelor of Commerce/Economics @ Monash Clayton