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Module Six Discussion Question: Solve the problem below. For your initial post in Brightspace, copy the description of your company given in the box below and then enter your solution to the four questions. To copy the description of your company, highlighting and nsing "copy" from here in Mobins and then using "paste into Brightspace should work. However, if when yon copy and paste z you get z2 instead, then change your z2 to g Hint This question is an extension to the topic of Discussion Three For a certain company, the cost fimction for producing z items is C (z) = 50 z + 100 and the revenue function for selling z items is R(z) = -0.5(z - 110) + 6,050. The maximum capacity of the company is 140 items The profit function P(z) is the revenue function R(z) (how much it takes in) minus the cost function C(2) (how much it spends). In economic models, one typically assumes that a company wants to maximize its profit, or at least make a profit! Answers to some of the questions are given below so that you can check your work. 1. Assuming that the company sells all that it produces, what is the profit function? P(z) = 05-60 x-100 Hint Profit = Revenue - Cost as We examined in Discussion 3 2. What is the domain of P(z}2 Hint Does calculating P(z) make sense when z 10 or z 1,000 3. The company can choose to produce either 60 or 70 items Whar is their profit for each case, and which level of production should they choose? Profit when producing 60 item: =T Profit when producing 70 item: = 4. Can you explain, fom our model, why the company makes lesa proit when producing 10 more unita Thy Aniothaer

Module Six Discussion Question: Solve the problem below. For your initial post in Brightspace, copy the description of your company given in the box below and then enter your solution to the four questions. To copy the description of your company, highlighting and nsing "copy" from here in Mobins and then using "paste into Brightspace should work. However, if when yon copy and paste z you get z2 instead, then change your z2 to g Hint This question is an extension to the topic of Discussion Three For a certain company, the cost fimction for producing z items is C (z) = 50 z + 100 and the revenue function for selling z items is R(z) = -0.5(z - 110) + 6,050. The maximum capacity of the company is 140 items The profit function P(z) is the revenue function R(z) (how much it takes in) minus the cost function C(2) (how much it spends). In economic models, one typically assumes that a company wants to maximize its profit, or at least make a profit! Answers to some of the questions are given below so that you can check your work. 1. Assuming that the company sells all that it produces, what is the profit function? P(z) = 05-60 x-100 Hint Profit = Revenue - Cost as We examined in Discussion 3 2. What is the domain of P(z}2 Hint Does calculating P(z) make sense when z 10 or z 1,000 3. The company can choose to produce either 60 or 70 items Whar is their profit for each case, and which level of production should they choose? Profit when producing 60 item: =T Profit when producing 70 item: = 4. Can you explain, fom our model, why the company makes lesa proit when producing 10 more unita Thy Aniothaer

Trigonometry (MindTap Course List)
Trigonometry (MindTap Course List)
8th Edition
ISBN:9781305652224
Author:Charles P. McKeague, Mark D. Turner
Publisher:Charles P. McKeague, Mark D. Turner
Chapter1: The Six Trigonometric Functions
Section: Chapter Questions
Problem 1RP: Although Pythagoras preceded William Shakespeare by 2,000 years, the philosophy of the Pythagoreans...
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Southern New Hampshire Univer x dule So Diies Module Six biscussion Question: Solve the problem below. Fo your initial post in Brightspace, copy the description of yoar company given in the box below and then enter your solution to the four questions. To copy the description of your company, highlighting and nsing "copy" from here in Mobins and then using "paste" into Brightspace should work. However, if when you copy and paste z you get z2 instead, then change your z2 to z2. Hint: This question is an extension to the topic of Discussion Three For a certain company, the cost fimction for producing z items is C(z) = 50 z + 100 and the revenue function for selling z items is R(z) = -0.5(z – 110)2 + 6,050. The maximum capacity of the company is 140 items The profit function P(z) is the revenue function R(z) (how much it takes in) minus the cost function C(z) (how much it spends). In economic models, one typically assumes that a company wants to maximize its profit, or at least make a profit! Answers to some of the questions are given below so that you can check your work. 1. Assuming that the company sells all that it produces, what is the profit function? P(z) = 0.5- 60 x-100 Hint Profit = Revenue - Cost as We examined in Discussion 3. 2. What is the domain of P(7}? Hint Does calculating P(z) make sense when z 10 or z 1,000? 3. The company can choose to produce either 60 or 70 itemi What is their profit for each case, and 1which level of production should they choose? Profit when producing 60 item: = Profit when producing 70 item: = 4. Can you explain from our model, why the company makes lesa profût when producing 10 more unita? Try Avomar
Transcribed Image Text:Southern New Hampshire Univer x dule So Diies Module Six biscussion Question: Solve the problem below. Fo your initial post in Brightspace, copy the description of yoar company given in the box below and then enter your solution to the four questions. To copy the description of your company, highlighting and nsing "copy" from here in Mobins and then using "paste" into Brightspace should work. However, if when you copy and paste z you get z2 instead, then change your z2 to z2. Hint: This question is an extension to the topic of Discussion Three For a certain company, the cost fimction for producing z items is C(z) = 50 z + 100 and the revenue function for selling z items is R(z) = -0.5(z – 110)2 + 6,050. The maximum capacity of the company is 140 items The profit function P(z) is the revenue function R(z) (how much it takes in) minus the cost function C(z) (how much it spends). In economic models, one typically assumes that a company wants to maximize its profit, or at least make a profit! Answers to some of the questions are given below so that you can check your work. 1. Assuming that the company sells all that it produces, what is the profit function? P(z) = 0.5- 60 x-100 Hint Profit = Revenue - Cost as We examined in Discussion 3. 2. What is the domain of P(7}? Hint Does calculating P(z) make sense when z 10 or z 1,000? 3. The company can choose to produce either 60 or 70 itemi What is their profit for each case, and 1which level of production should they choose? Profit when producing 60 item: = Profit when producing 70 item: = 4. Can you explain from our model, why the company makes lesa profût when producing 10 more unita? Try Avomar
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