A trailer manufacturer has multiple products designed to be towed by a pickup (Ford F-150, Toyota Tacoma,etc). One of their product, the XL7 5x10 trailer, denoted by XL7510 has fixed costs of $45,441 and variable4-x dollars, where x is the total number of XL7510S produced. Suppose further that5costs per XL7510 of 184 +the selling price of its product is 11261-x dollars per XL7510.The x-values of the break-even points areThe maximum revenue isdollars (round to the nearest cent)Form the profit function P(x)The maximum profit isdollars (round to the nearest cent)The price that will maximize profit is

NOTE: Refresh your page if you can't see any equations. . here fixed cost is 45441 and the variable…

Answered: A trailer manufacturer has multiple…

Algebra for College Students

10th Edition

ISBN:9781285195780

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter12: Algebra Of Matrices

Section12.CR: Review Problem Set

Problem 37CR

See similar textbooks

Similar questions

If during the following year it is predicted that each comedy skit will generate 30 thousand and each musical number 20 thousand, find the maximum income for the year. A television program director must schedule comedy skits and musical numbers for prime-time variety shows. Each comedy skit requires 2 hours of rehearsal time, costs 3000, and brings in 20,000 from the shows sponsors. Each musical number requires 1 hour of rehearsal time, costs 6000, and generates 12,000. If 250 hours are available for rehearsal and 600,000 is budgeted for comedy and music, how many segments of each type should be produced to maximize income? Find the maximum income.
Each well that is drilled produces both natural gas and oil. Based on current information, each MCF1 of gas can be sold for $4, while each STB2 of oil can be sold for $80. Due to labor and other constraints, as more wells are drilled, the production per well decreases. Specifically, when one well is drilled, 113629 MCF of gas and 56814 STB of oil per year can be extracted, but every well added reduces the output of each well by 500 MCF of gas and 125 STB of oil per year. Each well costs $1.5 million/ year, while the cost to lease the land is $180,000 per well per year. Each well site’s labor and other miscellaneous costs are $3 million/year. Finally, the fixed facilities costs are $1.25 million annually.1. Construct the annual profit function 2. Find the number of wells which maximizes annual profit
To maximize the number of cases of merchandise that can be shipped simultaneously, the company should purchase ___?___ high-capacity trucks and ____?____low-capacity trucks.
If to produce 1 kg of mix A costs $12.50, 1 kg of mix B costs $12.40 and 1 kg of mixC costs $11.70, determine the cost per kilogram of each different kind of nut. Hence,find the cost per kg to produce a mix containing 400 gram of Cashews nuts, 200 gramof Macadamias nuts and 400 grams of Brazil nuts.

Recommended textbooks for you

Algebra for College Students

Algebra

ISBN:

9781285195780

Author:

Jerome E. Kaufmann, Karen L. Schwitters

Publisher:

Cengage Learning

College Algebra (MindTap Course List)

Algebra

ISBN:

9781305652231

Author:

R. David Gustafson, Jeff Hughes

Publisher:

Cengage Learning

Algebra & Trigonometry with Analytic Geometry

Algebra

ISBN:

9781133382119

Author:

Swokowski

Publisher:

Cengage

Algebra for College Students

Algebra

ISBN:

9781285195780

Author:

Jerome E. Kaufmann, Karen L. Schwitters

Publisher:

Cengage Learning

College Algebra (MindTap Course List)

Algebra

ISBN:

9781305652231

Author:

R. David Gustafson, Jeff Hughes

Publisher:

Cengage Learning

Algebra & Trigonometry with Analytic Geometry

Algebra

ISBN:

9781133382119

Author:

Swokowski

Publisher:

Cengage

Algebra: Structure And Method, Book 1

Algebra

ISBN:

9780395977224

Author:

Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Publisher:

McDougal Littell

SEE MORE TEXTBOOKS