Q-1 A manufacturer of microcomputers produces three different models. The following table summarizes whole sale process material cost per unit, and labor cost per unit. The annual fixed cost is Rs. 10 Million. But manufacturer decided that fifty percent more annual costs would be include in its sanarios and the fixed cost 4400, 8000 and 3500 are also included each of three models. Product Туре 1 Турe 2 Туре 3 Whole Sale Price/ Unit Rs. 950 1000 1500 Material Cost/Unit 200 300 230 Labor Cost/Unit 175 150 450 Required: i) Determine a joint total revenue function for the sales of the three different microcomputer models. Determine a total cost function for manufacturing the three models. Determine the profit function for sale of the three models. What is annual profit, if the firm sells 60,000, 13000 and 100400 units of three models? ii) iii) iv) v) Also graphically present all functions.
Q-1 A manufacturer of microcomputers produces three different models. The following table summarizes whole sale process material cost per unit, and labor cost per unit. The annual fixed cost is Rs. 10 Million. But manufacturer decided that fifty percent more annual costs would be include in its sanarios and the fixed cost 4400, 8000 and 3500 are also included each of three models. Product Туре 1 Турe 2 Туре 3 Whole Sale Price/ Unit Rs. 950 1000 1500 Material Cost/Unit 200 300 230 Labor Cost/Unit 175 150 450 Required: i) Determine a joint total revenue function for the sales of the three different microcomputer models. Determine a total cost function for manufacturing the three models. Determine the profit function for sale of the three models. What is annual profit, if the firm sells 60,000, 13000 and 100400 units of three models? ii) iii) iv) v) Also graphically present all functions.
Chapter6: Systems Of Equations And Inequalities
Section: Chapter Questions
Problem 21T: A manufacturer produces two models of television stands. The table at the left shows the times (in...
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