Math problem help, math, Marketing Management

Assignment Help:
1.) Cost Revenue Model: Roberto operates a delivery service in a large city. His start up cost amounted to $3900. He estimates that it costs him (in terms of gasoline, wear and tear on his car, etc.) $4 per delivery. He charges $7 per delivery. Let X represent the number of deliveries he makes.

A.) Express the cost C as a function of x, C(x)
B.) Express the revenue R as a function of x, R(x).
C.) Determine the value for which revenue equals cost, R(x)=C(x).
D.) Graph y=C(x) and y=R(x) on the same axes. Answer the question.

2.) Region Of Feasible Solution: You are given the constraints and the objective function. Find where f(x,y)= 6x-7y+42 is maximized and minimized. Indicate both the point and the Maximum/minimum value at that point. Use graphical methods to solve.

A.) 4y-7yB.)y+2xC.)7y-x /> -18

3.) Linear Programing Problem: Seall Manufacturing Company makes television monitors. It produces a bargain monitor that sells for $100 profit and a deluxe monitor that sells $150 profit. On the assembly line the bargain monitor requires 3 hr., while the delux monitor takes 5 hr. The cabinet shop spends 1 hr. on the cabinet for the bargain monitor and 3 hr. on the cabinet for the delux monitor. both models require 2 hr. of time for testing and packing. On a particular production run, the Seall Company has available 3900 work hours on the assembly line, 2100 work hours in the cabinet shop, and 2200 work hours in the hours on the assebly line, 2100 work hours in the cabinet shop, and 2200 work hours in the testing and packing department. How many of each model should it produce to make the maximum profit? What is the maximum profit?

A.) Assign Variables
B.) Write down the constraints and objective function.
C.) Graph the constraints, find the region of feasible solutions, and lable the vertices
D.) Find the value of the objective function at each vertex.
E.) Answer the question.

Related Discussions:- Math problem help, math

Why does your subjects not have consumer behaviour, i need a literature rev...

i need a literature review written by you on a consumer behaviour . Please help I cannot send any email it says error

Marketing implementation, Marketing implementation: Planning goods s...

Marketing implementation: Planning goods strategies is only a start toward successful marketing. A brilliant marketing strategy counts for little if the company fails to imp

What is maximum acceptable price, What is maximum acceptable price? M...

What is maximum acceptable price? Maximum acceptable price: This approach is mainly helpful for setting the price of industrial products that core benefits to the buyer i

Case study, 1. What are the significant factors that have led to the succes...

1. What are the significant factors that have led to the success of Shoppers’ Stop? 2. Draw the typical profile(s) of Shoppers’ Stop customer segments.

Eliminate the ill-effects of forward buying, Saki, a local bar, consumes Me...

Saki, a local bar, consumes Mehboob, a popular non-alcoholic drink, at a steady rate of 10 cases/week. Saki usually buys Mehboob at $6/case, delivered to its door.  However, the su

State the government regulation - pricing decisions, State the Government R...

State the Government Regulation - pricing decisions Prices of some basic products are regulated by government under the Essential Commodities Act. For instance, prior to li

Rates and ratios , Jill is the leading scorer on her basketball team, with ...

Jill is the leading scorer on her basketball team, with an average of 13.2 points per game. Which best describes Jill"s scoring average:rate ir ratio?

Determine the required sales volume, The cost data of Rooney plc is as foll...

The cost data of Rooney plc is as follows: -  Variable cost : Rs 1,800.  Selling Price : Rs 3,500.  Fixed Selling and Distribution cost : Rs 1,700,000 per annum

Value and satisfaction, Value and Satisfaction Customer value: it is t...

Value and Satisfaction Customer value: it is the difference between the values that the customer achieves from owning and by using a product and the costs of getting the produ

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