Two local ready-mix cement manufacturers, Here and There, have combined demand given by Q = 105 - P. Their total costs are given by TCHere = 5QHere + 0.5Q?Here and TCThere = 5QThere + 0.5Q²There- If they successfully collude, their total output will be:
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- A,B and C are SOLVED (3) A company manufacturing laundry sinks has fixed costs of $100 per day but has totalcosts of $2,500 per day when producing 15 sinks. The company has a daily demand functionof q = 360 − p, where q is the number if laundry sinks demanded and p is te price ofa laundry sink.(a) If we assume that the total cost per day is linearly related to the amount of sinksproduced in a day, derive the total cost function of the company?(b) Find a function for the average cost of this company.(c) If production increases continuously, what is likely to be the average cost per sink?(d) How many laundry sinks will the company need to produce in order to maximise it′s profits? (e) What is the maximum profit?Two local ready-mix cement manufacturers, Here and There, have combined demand given by Q = 105 - P. Their total costs are given by TCHere = 5QHere + 0.5Q?Here and TCThere = 5QThere + O.5Q²There: If they successfully collude, their %3D maximum joint profits will be:show solution An oil refinery produces one base type of crude oil. The total cost is given by the equation Total Cost, TC = 50,000+20.2D +0.0001D2. The sales price in dollars per barrel is 35. At what level of production in barrels/week is cost/barrel minimum? What is the minimum cost per barrel? What is the maximum weekly profit that the company can make? At what level of production is the maximum weekly profit attainable? and Over what range of production is profit possible? Express answers in whole numbers and write the numerical values only.
- Calculate the value of fixed costs, if the contribution margin is R 700 per unit, and the break-even units is 40. Select the correct value below. a) R 35 000 O b) R 28 000 O c) R 27 000 O d) R 30 000A local company is planning to manufacture and market a four-slice toaster. For this toaster, the research department’s estimates are aweekly demand of 300 toasters at a price of $25 per toaster and a weekly demand of 400 toasters at a price of $20. The financial department’s estimates are fixed weekly costs of$5,000 and variable costs of $5 per toaster. Assume that the cost function is linear. Use the financial department’s estimates to express the cost function interms of ?. Determinethe Marginal cost and interpret the results.Profit Analysis Unendo, is a large computer game manufacturer. They have estimated that the demand function for their game "Star Wars Battlefront III" is as follows... STAR WARE BATTLEFRONT p = 86 - 0.05q where p is the price of a game and q is the number of game produced and sold per week. They estimate that their cost function in dollars is ... Clq) = 179 + 5000; where the fixed cost is $5000 and the marginal cost is $17 per game Unendo wishes to maximize the weekly profit of producing and selling the game. Find the maximum profit they can earn. (Round your answer to 2 decimal places, if necessary)
- Define the term Mixed Costs?Profit Analysis Unendo, is a large computer game manufacturer. They have estimated that the demand function for their game "Destiny 3" is as follows... p = 89 - 0.05g DESTIN Y V 3 where p is the price of a game and q is the number of game produced and sold per week. They estimate that their cost function in dollars is ... C(q) = 269 + 5000 where the fixed cost is $5000 and the marginal cost is $26 per game Unendo wishes to maximize the weekly profit of producing and selling the game. Find the number, q, of units that produces maximum profit.Your college newspaper. The Collegiate Investigator, has fixed production costs of $70 per edition, and margınal printıng and distribution costs of 0.40 S/copy. The Collegiate Investigato sells for 0.50S/copy. a) Write down the cost function and revenue.
- Aleesya Travel & Tours' has recently launched a new travel package to Bali, Indonesia. The total cost of producing x packages is described by the function C = 2x - 150OX + 5000 and the estimated total revenue is given as R -3x +200x. Both Cand R are measured in hundreds of RM and x is the number of travel packages in hundreds as well. How many packages should be prepared and sold in order to maximize the profit? on Select one: a. 3670 b. 2500 c. 3500 d. 4100A toy manufacturer makes miniature trucks. The pricep(in dollar) and the demandx(numberof miniature trucks) are related by the equation 6000−600p=x. The total cost for the sametoy manufacturer to producexminiature trucks can be modeled byC(x) = 8x+ 450.(a) (10 points) Express the pricepin terms of the demandx. Find the revenueR(x) if themanufacturer sellsxminiature trucks in a month and find the domain of this function.(b) (10 points) Graph the cost and revenue functions on the same coordinate system for 0≤x≤6000.(c) (10 points) What is the minimum number of trucks the toy manufacturer must sell tobreak even?(d) (10 points) FindP′(300) and interpret the result.(e) (10 points) What is the exact profit from the sale of the 301stminiature truck?A warehouse dispatch team, offering 'good customer service', is an example of which performance standard category used when performing control?