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

What are the durable goods, What are the Durable Goods   Durable good...

What are the Durable Goods   Durable goods are products that are used for a long period i.e., for months or years together. Illustrations of such goods are refrigerator, car,

Briefly discuss the three major steps in target marketing, QUESTION ...

QUESTION Briefly discuss the three major steps in target marketing Suppose you are going to purchase a mobile phone, explain how you would apply the three levels of produ

How relationship can be improved, How Relationship can be Improved:- 1)...

How Relationship can be Improved:- 1) Not advertising for instant competitive units of its clients. 2) Previous approval of client for all expenditure incurred. 3) Making

Report, I am in very critical condition. i am in bachelore level for 8th se...

I am in very critical condition. i am in bachelore level for 8th semester with the assignment of completion of research based report and i am unable to collect all information in m

Why is sales promotion growing, Question 1: (a) What is a communication...

Question 1: (a) What is a communication brief (or a creative brief), and how is it typically outlined? (b) Why is an IMC campaign difficult to evaluate? (c) Explain how

Unfair trade practices of MRTP act, Unfair Trade Practices of MRTP Act ...

Unfair Trade Practices of MRTP Act For preventing deceptive as well as misleading advertisement MRTP Act has declared convinced trade practices as unfair. These inequitable Tra

Types of psychographic segmentation, Question 1: Describe the evolution...

Question 1: Describe the evolution of malls and specialty stores Detail explanation on ‘Evolution of Malls'. Detail explanation on ‘Speciality Stores and Malls'

#title.pricing, importance of pricing decisions to an organisation

importance of pricing decisions to an organisation

Describe the leavitts model of change, Question 1: (a) Globalisation re...

Question 1: (a) Globalisation requires new knowledge coordinating structure. Explain and use relevant examples to illustrate your answer. (b) Consider the various competenc

Media plan, What is a media plan? A media plan is a comprehensive plan ...

What is a media plan? A media plan is a comprehensive plan of all the outside advertising and promotional activities of the business for a particular period. Generally the peri

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