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.

College Algebra
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ISBN:9781337282291
Author:Ron Larson
Publisher:Ron Larson
Chapter6: Systems Of Equations And Inequalities
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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
Туре 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.
ii)
iii)
iv)
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
units of three models?
100400
v)
Also graphically present all functions.
Transcribed Image Text: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 Туре 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. ii) iii) iv) 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 units of three models? 100400 v) Also graphically present all functions.
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