A manufacturing company purchases new products each year for use in the company. The product cost Rs.45,000 new. They are use for 3 years, after with they are sold for Rs. 80,000. The owner of the company estimates the variable cost of operating the products exclusive of engine, are Rs 0.96 per kilometer. Products are manufactures for a flat fee of Rs. 0.63 per kilometer (engine not included) A: Formulate the total revenue function associated with selling of the products of x kilometer over 4 year’s period. B: Formulate the total cost function associated with selling of the products of x kilometer over 4 years period C: Formulate the total profit function associated with selling of the products of x kilometer over 4 years period
A manufacturing company purchases new products each year for use in the company. The product cost Rs.45,000 new. They are use for 3 years, after with they are sold for Rs. 80,000. The owner of the company estimates the variable cost of operating the products exclusive of engine, are Rs 0.96 per kilometer. Products are manufactures for a flat fee of Rs. 0.63 per kilometer (engine not included)
A: Formulate the total revenue function associated with selling of the products of x kilometer over 4 year’s period.
B: Formulate the total cost function associated with selling of the products of x kilometer over 4 years period
C: Formulate the total profit function associated with selling of the products of x kilometer over 4 years period
D: What is the profit if a product is a manufactured for 83,000 kilometers over a 4 years period?
E: What kilometer age is required in order to urn 0 profit for 3 years?
F: What is the restricted domain and restricted range for the function?
Step by step
Solved in 3 steps
