Compute the break-even quantities, Mathematics

Assignment Help:

The revenue and cost functions for producing and selling quantity x for a certain production facility are given below.

R(x) = 16x - x2

C(x) = 20 + 4x

a)  Determine the profit function P(x).

b)  Use Excel to graph the functions R(x), C(x) and P(x) for the interval 0≤ x ≤ 12. Copy and paste the graph below. Note: Use Scatter plot with smooth lines and markers.

c)   Compute the break-even quantities.

d)  Determine the average cost at the break-even quantities.

e)  Determine the marginal revenue R'(x).

f)   Determine the marginal cost C'(x)

g)  At what quantity is the profit maximized?

 

 


Related Discussions:- Compute the break-even quantities

Calculate the throughput and link utilization, 4. Two hosts, one on East (h...

4. Two hosts, one on East (host A) and one on the west coast (host B) of the USA are exchanging data. Suppose A is sending a large file to B. The file is split into packets of size

Eqt.., pam bought a new bedroom suit for $2588.she me a down payment of $18...

pam bought a new bedroom suit for $2588.she me a down payment of $188 and paid the remaining amount in 24 equal monthly payments .how much did she pay for each monthly payment.

Determine the line parallel or perpendicular, Determine if the line that pa...

Determine if the line that passes through the points ( -2, -10) and (6, -1) is parallel, perpendicular or neither to the line specified  by 7 y - 9 x = 15 . Solution Togive

How to convert decimals to fractions, Q. How to Convert decimals to fractio...

Q. How to Convert decimals to fractions? Ans. Note: This tutorial covers only terminating decimals.

probability that the card is a 8 or an ace, A standard deck of cards conta...

A standard deck of cards contains 52 cards. One card is selected at random. Determine a)    The probability that the card is a 8 or an Ace? b)    The probability that the card is

Simple derivatives, Simple derivatives Example   Differentiate followin...

Simple derivatives Example   Differentiate following.  (5x 3   - 7 x + 1) 5 ,[ f ( x )] 5 ,[ y ( x )] 5 Solution: Here , with the first function we're being asked to

#titldifference between cpm n pert operation research pdfe.., difference be...

difference between cpm n pert operation research pdfepted#

Determine the average bit rate - huffman codebook, 1. Consider a source wi...

1. Consider a source with 4 symbols {a,b,c,d}. The probability of the 4 symbols are P(a)=0.4, p(b) = 0.1, p(c)=0.2, p(d)= 0.3. a. Design a Huffman codebook for these symbols.

Decision-making under conditions of uncertainty, Decision-Making Under Cond...

Decision-Making Under Conditions of Uncertainty With decision making under uncertainty, the decision maker is aware of different possible states of nature, but has insufficient

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd