How large of a rebate should the company offer

Assignment Help Operation Management

Reference no: EM13254055

A manufacture has been selling 1700 television sets a week at 420dollars each. A market survey indicates that for each 21 -dollarrebate offered to a buyer, the number of sets sold will increase by210 per week.

a) Find the demand function p(x), where x is the number of the television sets soldper week, assuming that p(x) is linear.

p(x)=

b) How large of a rebate should the company offer to a buyer, inorder to maximize its revenue?

c) If the weekly cost function is 119000 + 140 x, how should it set the size ofthe rebate to maximize its profit?

Reference no: EM13254055

Questions Cloud

Find condition on r so that the circuit is bibo unstable : Suppose L=25mH, but the resistance value,R, is not specified. Find a condition on R so that the circuit is strictly BIBO unstable (i.e., not even marginally stable). Hint: you might not be able to purchase such a resistor at Radio Shack

Artistic movement and as a movement in music : How would you describe the similarities and differences between Impressionism as an artistic movement and as a movement in music?

Explain the concept of supply chain strategies : Explain the concept of supply chain strategies and their linkage to Operations Management. Identify in detail three different types of supply chain strategies.

How can medicare and medicaid defray costs : How can Medicare and Medicaid defray costs? Most of those receiving Medicare and Medicaid benefits are not employed. How the recipients of these programs be categorized into different risk pools? Explain.

How large of a rebate should the company offer : A manufacture has been selling 1700 television sets a week at 420dollars each. A market survey indicates that for each 21 -dollarrebate offered to a buyer, the number of sets sold will increase by210 per week.

Determine the phase angle for the circuit : A 46.6 ?F capacitor is connected to a 46.7 ? resistor and a generator whose RMS output is 24.4 V at 54.0 Hz. Calculate the phase angle for the circuit

Analysis of a visual work of cincinnati art musium : To truly appreciate art you must see it and experience it in person in an unfettered way. Based on the direct visit, you are to write a 2 page (double spaced, 12pt. Font) formal analysis of a work of art at Cincinnati Art Museum.

Find v-high to obtain twice rated current : John's house is served electrically by a single phase transformer rated 15 kVA, 8160 / 220 V, 60 Hz. The leakage reactance of the transformer is 400 ohms referred to the high side. John wants to replicate an interesting EEE 360 experiment

What type of negotiating strategy requires the supplier : What type of negotiating strategy requires the supplier to open its books to the purchasers?

User Account

All Pages