APPLIED CALCULUS (WILEY PLUS)
6th Edition
ISBN: 9781119399322
Author: Hughes-Hallett
Publisher: WILEY
expand_more
expand_more
format_list_bulleted
Concept explainers
Question
Chapter 1.4, Problem 1P
To determine
(a)
To label the fixed costs on the graph.
To determine
(b)
To label the break-even quantity on the graph.
To determine
(c)
To label the quantities at which the company (i) makes a profit, (ii) loses money.
Expert Solution & Answer
Want to see the full answer?
Check out a sample textbook solutionStudents have asked these similar questions
The reorder point is defined as the lead-time demand for an item. In cases of long lead times, the lead-time demand and thus the reorder point may
exceed the economic order quantity Q. In such cases, the inventory position will not equal the inventory on hand when an order is placed, and the reorder
point may be expressed in terms of either the inventory position or the inventory on hand. Consider the economic order quantity model with
D = 4,000, C = $40, C = $2, and 250 working days per year. Identify the reorder point in terms of the inventory position and in terms of the inventory
on hand for each of the following lead times.
(a) 5 days
Inventory position
inventory on hand
(b) 15 days
inventory position
inventory on hand
(c) 30 days
inventory position
inventory on hand
(d) 60 days
inventory position
Inventory on hand
||||||
A manufacturer of 24-hr variable timers, has a monthly fixed cost of $36,000 and a production cost of $9 for each timer manufactured. The units sell for $15 each.
(a) Sketch the graphs of the cost function and the revenue function and thereby find the break-even point graphically. (Sketch the graphs using rays
A company produces a product which it sells for $55 per unit. Each unit costs the firm $23 in
variable expenses, and fixed costs on an annual basis are $400,000. If x equals the number of
units produced and sold during the year:
(a) Formulate the linear total cost function.
(b) Formulate the linear total revenue function.
(c) Formulate the linear profit function.
(d) What does annual profit equal if 10,000 units are produced and sold during the year?
(e) What level of output is required in order to earn zero profit?
Chapter 1 Solutions
APPLIED CALCULUS (WILEY PLUS)
Ch. 1.1 - Prob. 1PCh. 1.1 - Prob. 2PCh. 1.1 - Prob. 3PCh. 1.1 - Prob. 4PCh. 1.1 - Prob. 5PCh. 1.1 - Prob. 6PCh. 1.1 - Prob. 7PCh. 1.1 - Prob. 8PCh. 1.1 - Prob. 9PCh. 1.1 - Prob. 10P
Ch. 1.1 - Prob. 11PCh. 1.1 - Prob. 12PCh. 1.1 - Prob. 13PCh. 1.1 - Prob. 14PCh. 1.1 - Prob. 15PCh. 1.1 - Prob. 16PCh. 1.1 - Prob. 17PCh. 1.1 - Prob. 18PCh. 1.1 - Prob. 19PCh. 1.1 - Prob. 20PCh. 1.1 - Prob. 21PCh. 1.1 - Prob. 22PCh. 1.1 - Prob. 23PCh. 1.1 - Prob. 24PCh. 1.1 - Prob. 25PCh. 1.1 - Prob. 26PCh. 1.1 - Prob. 27PCh. 1.1 - Prob. 28PCh. 1.1 - Prob. 29PCh. 1.1 - Prob. 30PCh. 1.1 - Prob. 31PCh. 1.1 - Prob. 32PCh. 1.1 - Prob. 33PCh. 1.1 - Prob. 34PCh. 1.1 - Prob. 35PCh. 1.1 - Prob. 36PCh. 1.1 - Prob. 37PCh. 1.1 - Prob. 38PCh. 1.1 - Prob. 39PCh. 1.1 - Prob. 40PCh. 1.2 - Prob. 1PCh. 1.2 - Prob. 2PCh. 1.2 - Prob. 3PCh. 1.2 - Prob. 4PCh. 1.2 - Prob. 5PCh. 1.2 - Prob. 6PCh. 1.2 - Prob. 7PCh. 1.2 - Prob. 8PCh. 1.2 - Prob. 9PCh. 1.2 - Prob. 10PCh. 1.2 - Prob. 11PCh. 1.2 - Prob. 12PCh. 1.2 - Prob. 13PCh. 1.2 - Prob. 14PCh. 1.2 - Prob. 15PCh. 1.2 - Prob. 16PCh. 1.2 - Prob. 17PCh. 1.2 - Prob. 18PCh. 1.2 - Prob. 19PCh. 1.2 - Prob. 20PCh. 1.2 - Prob. 21PCh. 1.2 - Prob. 22PCh. 1.2 - Prob. 23PCh. 1.2 - Prob. 24PCh. 1.2 - Prob. 25PCh. 1.2 - Prob. 26PCh. 1.2 - Prob. 27PCh. 1.2 - Prob. 28PCh. 1.2 - Prob. 29PCh. 1.2 - Prob. 30PCh. 1.2 - Prob. 31PCh. 1.2 - Prob. 32PCh. 1.2 - Prob. 33PCh. 1.2 - Prob. 34PCh. 1.2 - Prob. 35PCh. 1.2 - Prob. 36PCh. 1.2 - Prob. 37PCh. 1.2 - Prob. 38PCh. 1.2 - Prob. 39PCh. 1.2 - Prob. 40PCh. 1.2 - Prob. 41PCh. 1.2 - Prob. 42PCh. 1.2 - Prob. 43PCh. 1.3 - Prob. 1PCh. 1.3 - Prob. 2PCh. 1.3 - Prob. 3PCh. 1.3 - Prob. 4PCh. 1.3 - Prob. 5PCh. 1.3 - Prob. 6PCh. 1.3 - Prob. 7PCh. 1.3 - Prob. 8PCh. 1.3 - Prob. 9PCh. 1.3 - Prob. 10PCh. 1.3 - Prob. 11PCh. 1.3 - Prob. 12PCh. 1.3 - Prob. 13PCh. 1.3 - Prob. 14PCh. 1.3 - Prob. 15PCh. 1.3 - Prob. 16PCh. 1.3 - Prob. 17PCh. 1.3 - Prob. 18PCh. 1.3 - Prob. 19PCh. 1.3 - Prob. 20PCh. 1.3 - Prob. 21PCh. 1.3 - Prob. 22PCh. 1.3 - Prob. 23PCh. 1.3 - Prob. 24PCh. 1.3 - Prob. 25PCh. 1.3 - Prob. 26PCh. 1.3 - Prob. 27PCh. 1.3 - Prob. 28PCh. 1.3 - Prob. 29PCh. 1.3 - Prob. 30PCh. 1.3 - Prob. 31PCh. 1.3 - Prob. 32PCh. 1.3 - Prob. 33PCh. 1.3 - Prob. 34PCh. 1.3 - Prob. 35PCh. 1.3 - Prob. 36PCh. 1.3 - Prob. 37PCh. 1.3 - Prob. 38PCh. 1.3 - Prob. 39PCh. 1.3 - Prob. 40PCh. 1.3 - Prob. 41PCh. 1.3 - Prob. 42PCh. 1.3 - Prob. 43PCh. 1.3 - Prob. 44PCh. 1.3 - Prob. 45PCh. 1.3 - Prob. 46PCh. 1.3 - Prob. 47PCh. 1.3 - Prob. 48PCh. 1.3 - Prob. 49PCh. 1.3 - Prob. 50PCh. 1.3 - Prob. 51PCh. 1.3 - Prob. 52PCh. 1.3 - Prob. 53PCh. 1.3 - Prob. 54PCh. 1.3 - Prob. 55PCh. 1.3 - Prob. 56PCh. 1.3 - Prob. 57PCh. 1.3 - Prob. 58PCh. 1.3 - Prob. 59PCh. 1.3 - Prob. 60PCh. 1.3 - Prob. 61PCh. 1.4 - Prob. 1PCh. 1.4 - Prob. 2PCh. 1.4 - Prob. 3PCh. 1.4 - Prob. 4PCh. 1.4 - Prob. 5PCh. 1.4 - Prob. 6PCh. 1.4 - Prob. 7PCh. 1.4 - Prob. 8PCh. 1.4 - Prob. 9PCh. 1.4 - Prob. 10PCh. 1.4 - Prob. 11PCh. 1.4 - Prob. 12PCh. 1.4 - Prob. 13PCh. 1.4 - Prob. 14PCh. 1.4 - Prob. 15PCh. 1.4 - Prob. 16PCh. 1.4 - Prob. 17PCh. 1.4 - Prob. 18PCh. 1.4 - Prob. 19PCh. 1.4 - Prob. 20PCh. 1.4 - Prob. 21PCh. 1.4 - Prob. 22PCh. 1.4 - Prob. 23PCh. 1.4 - Prob. 24PCh. 1.4 - Prob. 25PCh. 1.4 - Prob. 26PCh. 1.4 - Prob. 27PCh. 1.4 - Prob. 28PCh. 1.4 - Prob. 29PCh. 1.4 - Prob. 30PCh. 1.4 - Prob. 31PCh. 1.4 - Prob. 32PCh. 1.4 - Prob. 33PCh. 1.4 - Prob. 34PCh. 1.4 - Prob. 35PCh. 1.4 - Prob. 36PCh. 1.4 - Prob. 37PCh. 1.4 - Prob. 38PCh. 1.4 - Prob. 39PCh. 1.4 - Prob. 40PCh. 1.4 - Prob. 41PCh. 1.4 - Prob. 42PCh. 1.4 - Prob. 43PCh. 1.4 - Prob. 44PCh. 1.4 - Prob. 45PCh. 1.5 - Prob. 1PCh. 1.5 - Prob. 2PCh. 1.5 - Prob. 3PCh. 1.5 - Prob. 4PCh. 1.5 - Prob. 5PCh. 1.5 - Prob. 6PCh. 1.5 - Prob. 7PCh. 1.5 - Prob. 8PCh. 1.5 - Prob. 9PCh. 1.5 - Prob. 10PCh. 1.5 - Prob. 11PCh. 1.5 - Prob. 12PCh. 1.5 - Prob. 13PCh. 1.5 - Prob. 14PCh. 1.5 - Prob. 15PCh. 1.5 - Prob. 16PCh. 1.5 - Prob. 17PCh. 1.5 - Prob. 18PCh. 1.5 - Prob. 19PCh. 1.5 - Prob. 20PCh. 1.5 - Prob. 21PCh. 1.5 - Prob. 22PCh. 1.5 - Prob. 23PCh. 1.5 - Prob. 24PCh. 1.5 - Prob. 25PCh. 1.5 - Prob. 26PCh. 1.5 - Prob. 27PCh. 1.5 - Prob. 28PCh. 1.5 - Prob. 29PCh. 1.5 - Prob. 30PCh. 1.5 - Prob. 31PCh. 1.5 - Prob. 32PCh. 1.5 - Prob. 33PCh. 1.5 - Prob. 34PCh. 1.5 - Prob. 35PCh. 1.5 - Prob. 36PCh. 1.5 - Prob. 37PCh. 1.5 - Prob. 38PCh. 1.5 - Prob. 39PCh. 1.5 - Prob. 40PCh. 1.5 - Prob. 41PCh. 1.5 - Prob. 42PCh. 1.5 - Prob. 43PCh. 1.5 - Prob. 44PCh. 1.5 - Prob. 45PCh. 1.6 - Prob. 1PCh. 1.6 - Prob. 2PCh. 1.6 - Prob. 3PCh. 1.6 - Prob. 4PCh. 1.6 - Prob. 5PCh. 1.6 - Prob. 6PCh. 1.6 - Prob. 7PCh. 1.6 - Prob. 8PCh. 1.6 - Prob. 9PCh. 1.6 - Prob. 10PCh. 1.6 - Prob. 11PCh. 1.6 - Prob. 12PCh. 1.6 - Prob. 13PCh. 1.6 - Prob. 14PCh. 1.6 - Prob. 15PCh. 1.6 - Prob. 16PCh. 1.6 - Prob. 17PCh. 1.6 - Prob. 18PCh. 1.6 - Prob. 19PCh. 1.6 - Prob. 20PCh. 1.6 - Prob. 21PCh. 1.6 - Prob. 22PCh. 1.6 - Prob. 23PCh. 1.6 - Prob. 24PCh. 1.6 - Prob. 25PCh. 1.6 - Prob. 26PCh. 1.6 - Prob. 27PCh. 1.6 - Prob. 28PCh. 1.6 - Prob. 29PCh. 1.6 - Prob. 30PCh. 1.6 - Prob. 31PCh. 1.6 - Prob. 32PCh. 1.6 - Prob. 33PCh. 1.6 - Prob. 34PCh. 1.6 - Prob. 35PCh. 1.6 - Prob. 36PCh. 1.6 - Prob. 37PCh. 1.6 - Prob. 38PCh. 1.6 - Prob. 39PCh. 1.6 - Prob. 40PCh. 1.6 - Prob. 41PCh. 1.6 - Prob. 42PCh. 1.6 - Prob. 43PCh. 1.6 - Prob. 44PCh. 1.6 - Prob. 45PCh. 1.6 - Prob. 46PCh. 1.6 - Prob. 47PCh. 1.6 - Prob. 48PCh. 1.6 - Prob. 49PCh. 1.6 - Prob. 50PCh. 1.6 - Prob. 51PCh. 1.6 - Prob. 52PCh. 1.6 - Prob. 53PCh. 1.7 - Prob. 1PCh. 1.7 - Prob. 2PCh. 1.7 - Prob. 3PCh. 1.7 - Prob. 4PCh. 1.7 - Prob. 5PCh. 1.7 - Prob. 6PCh. 1.7 - Prob. 7PCh. 1.7 - Prob. 8PCh. 1.7 - Prob. 9PCh. 1.7 - Prob. 10PCh. 1.7 - Prob. 11PCh. 1.7 - Prob. 12PCh. 1.7 - Prob. 13PCh. 1.7 - Prob. 14PCh. 1.7 - Prob. 15PCh. 1.7 - Prob. 16PCh. 1.7 - Prob. 17PCh. 1.7 - Prob. 18PCh. 1.7 - Prob. 19PCh. 1.7 - Prob. 20PCh. 1.7 - Prob. 21PCh. 1.7 - Prob. 22PCh. 1.7 - Prob. 23PCh. 1.7 - Prob. 24PCh. 1.7 - Prob. 25PCh. 1.7 - Prob. 26PCh. 1.7 - Prob. 27PCh. 1.7 - Prob. 28PCh. 1.7 - Prob. 29PCh. 1.7 - Prob. 30PCh. 1.7 - Prob. 31PCh. 1.7 - Prob. 32PCh. 1.7 - Prob. 33PCh. 1.7 - Prob. 34PCh. 1.7 - Prob. 35PCh. 1.7 - Prob. 36PCh. 1.7 - Prob. 37PCh. 1.7 - Prob. 38PCh. 1.7 - Prob. 39PCh. 1.7 - Prob. 40PCh. 1.7 - Prob. 41PCh. 1.7 - Prob. 42PCh. 1.7 - Prob. 43PCh. 1.7 - Prob. 44PCh. 1.7 - Prob. 45PCh. 1.7 - Prob. 46PCh. 1.7 - Prob. 47PCh. 1.7 - Prob. 48PCh. 1.7 - Prob. 49PCh. 1.7 - Prob. 50PCh. 1.7 - Prob. 51PCh. 1.7 - Prob. 52PCh. 1.7 - Prob. 53PCh. 1.7 - Prob. 54PCh. 1.8 - Prob. 1PCh. 1.8 - Prob. 2PCh. 1.8 - Prob. 3PCh. 1.8 - Prob. 4PCh. 1.8 - Prob. 5PCh. 1.8 - Prob. 6PCh. 1.8 - Prob. 7PCh. 1.8 - Prob. 8PCh. 1.8 - Prob. 9PCh. 1.8 - Prob. 10PCh. 1.8 - Prob. 11PCh. 1.8 - Prob. 12PCh. 1.8 - Prob. 13PCh. 1.8 - Prob. 14PCh. 1.8 - Prob. 15PCh. 1.8 - Prob. 16PCh. 1.8 - Prob. 17PCh. 1.8 - Prob. 18PCh. 1.8 - Prob. 19PCh. 1.8 - Prob. 20PCh. 1.8 - Prob. 21PCh. 1.8 - Prob. 22PCh. 1.8 - Prob. 23PCh. 1.8 - Prob. 24PCh. 1.8 - Prob. 25PCh. 1.8 - Prob. 26PCh. 1.8 - Prob. 27PCh. 1.8 - Prob. 28PCh. 1.8 - Prob. 29PCh. 1.8 - Prob. 30PCh. 1.8 - Prob. 31PCh. 1.8 - Prob. 32PCh. 1.8 - Prob. 33PCh. 1.8 - Prob. 34PCh. 1.8 - Prob. 35PCh. 1.8 - Prob. 36PCh. 1.8 - Prob. 37PCh. 1.8 - Prob. 38PCh. 1.8 - Prob. 39PCh. 1.8 - Prob. 40PCh. 1.8 - Prob. 41PCh. 1.8 - Prob. 42PCh. 1.8 - Prob. 43PCh. 1.8 - Prob. 44PCh. 1.8 - Prob. 45PCh. 1.8 - Prob. 46PCh. 1.8 - Prob. 47PCh. 1.8 - Prob. 48PCh. 1.8 - Prob. 49PCh. 1.8 - Prob. 50PCh. 1.8 - Prob. 51PCh. 1.8 - Prob. 52PCh. 1.8 - Prob. 53PCh. 1.8 - Prob. 54PCh. 1.8 - Prob. 55PCh. 1.8 - Prob. 56PCh. 1.8 - Prob. 57PCh. 1.8 - Prob. 58PCh. 1.8 - Prob. 59PCh. 1.9 - Prob. 1PCh. 1.9 - Prob. 2PCh. 1.9 - Prob. 3PCh. 1.9 - Prob. 4PCh. 1.9 - Prob. 5PCh. 1.9 - Prob. 6PCh. 1.9 - Prob. 7PCh. 1.9 - Prob. 8PCh. 1.9 - Prob. 9PCh. 1.9 - Prob. 10PCh. 1.9 - Prob. 11PCh. 1.9 - Prob. 12PCh. 1.9 - Prob. 13PCh. 1.9 - Prob. 14PCh. 1.9 - Prob. 15PCh. 1.9 - Prob. 16PCh. 1.9 - Prob. 17PCh. 1.9 - Prob. 18PCh. 1.9 - Prob. 19PCh. 1.9 - Prob. 20PCh. 1.9 - Prob. 21PCh. 1.9 - Prob. 22PCh. 1.9 - Prob. 23PCh. 1.9 - Prob. 24PCh. 1.9 - Prob. 25PCh. 1.9 - Prob. 26PCh. 1.9 - Prob. 27PCh. 1.9 - Prob. 28PCh. 1.9 - Prob. 29PCh. 1.10 - Prob. 1PCh. 1.10 - Prob. 2PCh. 1.10 - Prob. 3PCh. 1.10 - Prob. 4PCh. 1.10 - Prob. 5PCh. 1.10 - Prob. 6PCh. 1.10 - Prob. 7PCh. 1.10 - Prob. 8PCh. 1.10 - Prob. 9PCh. 1.10 - Prob. 10PCh. 1.10 - Prob. 11PCh. 1.10 - Prob. 12PCh. 1.10 - Prob. 13PCh. 1.10 - Prob. 14PCh. 1.10 - Prob. 15PCh. 1.10 - Prob. 16PCh. 1.10 - Prob. 17PCh. 1.10 - Prob. 18PCh. 1.10 - Prob. 19PCh. 1.10 - Prob. 20PCh. 1.10 - Prob. 21PCh. 1.10 - Prob. 22PCh. 1.10 - Prob. 23PCh. 1.10 - Prob. 24PCh. 1.10 - Prob. 25PCh. 1.10 - Prob. 26PCh. 1.10 - Prob. 27PCh. 1.10 - Prob. 28PCh. 1.10 - Prob. 29PCh. 1.10 - Prob. 30PCh. 1.10 - Prob. 31PCh. 1.10 - Prob. 32PCh. 1.10 - Prob. 33PCh. 1.10 - Prob. 34PCh. 1.10 - Prob. 35PCh. 1.10 - Prob. 36PCh. 1.10 - Prob. 37PCh. 1 - Prob. 1SYUCh. 1 - Prob. 2SYUCh. 1 - Prob. 3SYUCh. 1 - Prob. 4SYUCh. 1 - Prob. 5SYUCh. 1 - Prob. 6SYUCh. 1 - Prob. 7SYUCh. 1 - Prob. 8SYUCh. 1 - Prob. 9SYUCh. 1 - Prob. 10SYUCh. 1 - Prob. 11SYUCh. 1 - Prob. 12SYUCh. 1 - Prob. 13SYUCh. 1 - Prob. 14SYUCh. 1 - Prob. 15SYUCh. 1 - Prob. 16SYUCh. 1 - Prob. 17SYUCh. 1 - Prob. 18SYUCh. 1 - Prob. 19SYUCh. 1 - Prob. 20SYUCh. 1 - Prob. 21SYUCh. 1 - Prob. 22SYUCh. 1 - Prob. 23SYUCh. 1 - Prob. 24SYUCh. 1 - Prob. 25SYUCh. 1 - Prob. 26SYUCh. 1 - Prob. 27SYUCh. 1 - Prob. 28SYUCh. 1 - Prob. 29SYUCh. 1 - Prob. 30SYUCh. 1 - Prob. 31SYUCh. 1 - Prob. 32SYUCh. 1 - Prob. 33SYUCh. 1 - Prob. 34SYUCh. 1 - Prob. 35SYUCh. 1 - Prob. 36SYUCh. 1 - Prob. 37SYUCh. 1 - Prob. 38SYUCh. 1 - Prob. 39SYUCh. 1 - Prob. 40SYUCh. 1 - Prob. 41SYUCh. 1 - Prob. 42SYUCh. 1 - Prob. 43SYUCh. 1 - Prob. 44SYUCh. 1 - Prob. 45SYUCh. 1 - Prob. 46SYUCh. 1 - Prob. 47SYUCh. 1 - Prob. 48SYUCh. 1 - Prob. 49SYUCh. 1 - Prob. 50SYUCh. 1 - Prob. 51SYUCh. 1 - Prob. 52SYUCh. 1 - Prob. 53SYUCh. 1 - Prob. 54SYUCh. 1 - Prob. 55SYUCh. 1 - Prob. 56SYUCh. 1 - Prob. 57SYUCh. 1 - Prob. 58SYUCh. 1 - Prob. 59SYUCh. 1 - Prob. 60SYUCh. 1 - Prob. 61SYUCh. 1 - Prob. 62SYUCh. 1 - Prob. 63SYUCh. 1 - Prob. 64SYUCh. 1 - Prob. 65SYUCh. 1 - Prob. 66SYUCh. 1 - Prob. 67SYUCh. 1 - Prob. 68SYUCh. 1 - Prob. 69SYUCh. 1 - Prob. 70SYUCh. 1 - Prob. 71SYUCh. 1 - Prob. 72SYUCh. 1 - Prob. 73SYUCh. 1 - Prob. 74SYUCh. 1 - Prob. 75SYUCh. 1 - Prob. 76SYUCh. 1 - Prob. 77SYUCh. 1 - Prob. 78SYUCh. 1 - Prob. 79SYUCh. 1 - Prob. 80SYUCh. 1 - Prob. 81SYUCh. 1 - Prob. 82SYUCh. 1 - Prob. 83SYUCh. 1 - Prob. 84SYUCh. 1 - Prob. 85SYUCh. 1 - Prob. 86SYUCh. 1 - Prob. 87SYUCh. 1 - Prob. 88SYUCh. 1 - Prob. 89SYUCh. 1 - Prob. 90SYUCh. 1 - Prob. 91SYUCh. 1 - Prob. 92SYUCh. 1 - Prob. 93SYUCh. 1 - Prob. 94SYUCh. 1 - Prob. 95SYUCh. 1 - Prob. 96SYUCh. 1 - Prob. 97SYUCh. 1 - Prob. 98SYUCh. 1 - Prob. 99SYUCh. 1 - Prob. 100SYUCh. 1 - Prob. 101SYUCh. 1 - Prob. 102SYUCh. 1 - Prob. 103SYUCh. 1 - Prob. 104SYUCh. 1 - Prob. 105SYU
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, calculus and related others by exploring similar questions and additional content below.Similar questions
- Solve these :arrow_forwardI. A producer of felt-tip pens has received a forecast of demand of at least 50,000 pens for the coming month from its marketing department. Fixed costs are $20,000 per month, and variable costs are 25 cents per pen. a. Find the break-even quantity the company must produce if pens sell for $1.50 each. b. Find the quantity to be produced to realize a profit of $20,000. 70arrow_forwardThe Deinell-Forging-Corporation manufactures four highly confidential products that it supplies to ammunition firms that hold RSA government contracts. Each product must pass through the following departments before being shipped: forging, cleaning, weighing, and inspection. The time requirement in hours for each unit and its corresponding profit value are summarised in the following table: Department Product Forging Cleaning Weighing Inspection |хм122 Unit profit (Rand) 0.6 0.3 0.3 0.5 11000 XJ312 1.5 4 2. 14000 RM122 RM126 1.5 2. 1. 0.5 17000 1. 1.5 13000 Monthly available production in each department and the minimum monthly production requirement to fulfil these contracts are: Сараcity Departme (hours) Product Minimum production level Forging Cleaning Weighing Inspectior 10000 RM126 13000 XM122 130 15000 XJ312 80 24000 RM122 260 320 The production manager needs to specify production levels for each product for the next month. Formulate this problem to help him maximise the total…arrow_forward
- A Califomia distributor of sporting equipment expects to sell 5,600 cases of tennis balls during the coming year at a steady rate. Yearly carrying costs (to be computed on the average number of cases in stock during the year) are $10 per case, and the cost of placing an order with the manufacturer is $70. (a) Find the inventory cost incurred if the distributor orders 350 cases at a time during the year. (b) Determine the economic order quantity, that is, the order quantity that minimizes the inventory cost. Let x be the number of cases per order and r the number of orders placed per year. If C represents the inventory cost, then the objective equation is C=r+x. The constraint equation is rx = (Do not include the $ symbol in your answer.) (a) The inventory cost is $. (Simplify your answer.) (b) The economic order quantity is cases. (Simplify your answer.)arrow_forward1. A well-known novelist has decided to sell the screen rights to her latest book for $100,000. In addition, the contract ensures her royalties of 8% of the net profits. a. Express her income / as a function of the net profit N. b. Determine the net profit necessary to bring her an income of $1,200,000.arrow_forwardNext Question Use a graphing utility to find the inverse, if it exists, of the given matrix. 47 18 11 5 -6 17 17 8 17 15 - 16 4 -4 - 20 25 Select the correct choice below and, if necessary, fill in the answer box within your choice. O A. The inverse of the matrix is (Type an integer or decimal for each matrix element. Round to two decimal places as needed.) Q16 11.4 O B. The matrix has no inverse.arrow_forward
- Assume an individual's demand function for a good is given by the following expression: qd (p) = 20 − 2p Where pp represents the price of the good. Suppose the price of the good is currently $4 (p = 4). If the price of the good decreases by 1%, which one of the following statements is true: a.)The individual's total expenditure on the good will decrease b.) The individual's total expenditure on the good will remain unchanged c.) The individual's total expenditure on the good will increasearrow_forwardA sports company has the following production function for a certain product, where p is the number of units produced with x units of labor and y units of capital. Complete parts (a) through (d) below. 1 1 2 2 p(x,y) = 2600xy (a) Find the number of units produced with 31 units of labor and 1417 units of capital. p= units (Round to the nearest whole number.) (b) Find the marginal productivities. dp dx Px = др ay = Py (c) Evaluate the marginal productivities at x = 31 and y = 1417. P(31,1417) =(Round to the nearest whole number as needed.) Py(31,1417) = (Round to the nearest whole number as needed.)arrow_forwardThe table to the right contains price-demand and total cost data for the production of projectors, where p is the wholesale price (in dollars) of a projector for an annual demand of x projectors and C is the total cost (in dollars) of producing x projectors. Answer the following questions (A) - (D). 380 450 650 750 p(S) 563 378 C(S) 113,000 121,800 144,000 176,000 186 98 (A) Find a quadratic regression equation for the price-demand data, using x as the independent variable. y= (Type an expression using x as the variable. Use integers or decimals for any numbers in the expression. Round the coefficients to seven decimal places as needed. Round the constant term to three decimal places as needed.) (B) Find a linear regression equation for the cost data, using x as the independent variable. y = (Type an expression using x as the variable. Use integers or decimals for any numbers in the expression. Round to two decimal places as needed.) Use the linear regression equation found in the…arrow_forward
- At the beginning of year 1, a new machine must be purchased at the cost of 130K TL. The cost of maintaining a machine i years old is given in the table below. Due to the inflation, the purchase cost of a new machine at the beginning of Year 2, Year 3, and Year 4 would be 140K, 150K, and 165K respectively. The trade-in value is fixed at 50K for a replaced machine regardless of the age. Your goal is to minimize the total cost (purchasing plus maintenance) of having the machine for four years. Determine the year(s) in which a new machine should be purchased and calculate the total cost. Age at the beginning of the year Maintenance cost for the next year(K TL) 20 1 35 2 65 120arrow_forwardFind the producer's surplus for the following supply function at the given point. S(x) =x? + 2; x = 1 O A. $0.67 O B. - $2 O C. $2 O D. - $0.667arrow_forwardIII. In a particular very small region, the consumer price index, C, depends on the current value of gross regional domestic expenditure E, number of people living in poverty P, and the average number of household members in a family F, by the following formula: -EP C = 100 + F If it is known that the gross regional domestic expenditure is decreasing at a rate of PHP 50 per year, and the number of people living in poverty and the average number of household members in a family are increasing at 3 and 1 per year, resp., how fast does the consumer price index change per year at the moment when E = 1, 000, P = 200, and F = 5?arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Use of ALGEBRA in REAL LIFE; Author: Fast and Easy Maths !;https://www.youtube.com/watch?v=9_PbWFpvkDc;License: Standard YouTube License, CC-BY
Compound Interest Formula Explained, Investment, Monthly & Continuously, Word Problems, Algebra; Author: The Organic Chemistry Tutor;https://www.youtube.com/watch?v=P182Abv3fOk;License: Standard YouTube License, CC-BY
Applications of Algebra (Digit, Age, Work, Clock, Mixture and Rate Problems); Author: EngineerProf PH;https://www.youtube.com/watch?v=Y8aJ_wYCS2g;License: Standard YouTube License, CC-BY