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A Radio Manufacturer Is Experiencing Theft Problems at Its Warehouse

Question 75

Multiple Choice

A radio manufacturer is experiencing theft problems at its warehouse and has decided to hire security guards to reduce the thefts.The firm wants to minimize the net cost of warehouse thefts. Number of Security Guards012345Number of Radios Stolen Per Week 5030201486\begin{array}{c}\begin{array}{c}\text {Number of}\\\text { Security Guards}\\0\\1\\2\\3\\4\\5\\\end{array}\begin{array}{c}\text {Number of Radios}\\\text { Stolen Per Week }\\50\\30\\20\\14\\8\\6\\\end{array}\end{array}
Given the above info,if the cost of a stolen radio is $25,what is the MOST the firm would be willing to pay to hire the first security guard?


A) $200
B) $250
C) $500
D) $750

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