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

Advertising and marketing in rural areas, Question 1: Discuss why new m...

Question 1: Discuss why new media will have to be created and conventional ones used differently to communicate with the rural consumer. Detailed explanation on ‘Advertis

Operational beheavior.., what would you suggest to avoid delays in despatch...

what would you suggest to avoid delays in despatch of products

Decline stage - product life cycle, Decline Stage In the product life ...

Decline Stage In the product life cycle the decline stage is the stage in which a product's sales   decline. it can occur for several reasons which are following: a. Increa

Consumer behaviour, suggest how cultural values, beliefs and behaviour affe...

suggest how cultural values, beliefs and behaviour affect m,the marketing mix of a large bookstore chain

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

Break-even analysis, Break-Even Analysis   Break-even pricing (target p...

Break-Even Analysis   Break-even pricing (target profit pricing) is  tactic to setting up price to break- even on the cost of producing and marketing products or to make the ta

Strategic aspects in international human resource management, Question 1: ...

Question 1: Explain how effective management of expatriates is increasingly been recognised as a major determinant of success or failure for international businesses. Quest

What you expect to be a quality service, Question: (a) Why are services...

Question: (a) Why are services generally more difficult to evaluate - both before and after consumption - as compared to most goods ? (b) Discuss how customer expectations

What are business analysis and mark share analysis, What are Business Analy...

What are Business Analysis and Mark Share Analysis? Business Analysis and Mark Share Analysis: In this stage is very much significant in total process of latest product d

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