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

Matlab, 6. Cubic Splines (Matlab) (6 points) (a) Use Matlab to create a reg...

6. Cubic Splines (Matlab) (6 points) (a) Use Matlab to create a regular grid x of data points in the range from 0 to 10 with a grid spacing h = 0:5. Calculate an array y of values

Explain briefly social - ethical aspect of advertising, Q. Explain briefly ...

Q. Explain briefly Social, ethical, legal& economical aspect of advertising. Answer: - Social aspect of advertising- Advertising affects a variety of aspects of social and cult

Explain about transportation in scope of marketing, Explain about transport...

Explain about transportation within scope of marketing functions. Transportation: Modern organizations create on a huge scale to cater to the needs of customers scattered

Product mix, What do you mean by product mix .

What do you mean by product mix .

What are the intangible goods, What are the Intangible Goods Intangi...

What are the Intangible Goods Intangible goods refer to services provided to individual consumers or to organisational buyers (industrial, institutional, commercial, governm

Explain the impact of technology on globalisation, Question 1: a) Expl...

Question 1: a) Explain the impact of technology on Globalisation. b) What are the different strategies businesses follow to enter Foreign Market? Question 2: What

Explain the societal marketing concept, Many managers view the purpose of b...

Many managers view the purpose of business as making profits, while others think that the purpose is being able to create and maintain a customer. From this perspective, a) Desc

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