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

Characteristics of product oriented concept of marketing, Characteristics o...

Characteristics of old or product oriented concept of the marketing: Main characteristics of this concept of marketing are as follows: 1.      It stresses upon the produc

Circle, ABCD is a cyclic quadrilateral.O is the center of the circle if BOD...

ABCD is a cyclic quadrilateral.O is the center of the circle if BOD=16+0.find BPD

Diagram, Henry Assael Model of buying decision behavior along with thediagr...

Henry Assael Model of buying decision behavior along with thediagram

Exchange, Exchange, transactions, and relationships Marketing occurs w...

Exchange, transactions, and relationships Marketing occurs while people decide to satisfy wants and needs through exchange. Exchange is the act of getting a desired object fro

Explain types of market segmentation, Question 1: (a) Using examples, d...

Question 1: (a) Using examples, differentiate between the terms "micro? marketing environment and "macro" marketing environment? (b) Moutinho (2000) argues that the PESTLE f

Define the position on benefits for positioning, Define the Position on Ben...

Define the Position on Benefits for Positioning. Position on Benefits: This approach and strategy is closely associated to prior one. Here product is positioned upon its

Difference between selling and marketing, Difference between Selling and Ma...

Difference between Selling and Marketing The term selling refers to an activity in any business enterprises. It is concerned with the transfer of the title of the goods and pro

Participants in the business buying process, own example of participants in...

own example of participants in the business buying process

Marketing and Brand Management, For this Final Project, imagine that an org...

For this Final Project, imagine that an organisation that owns and manages a brand is experiencing a critical downturn in its business. The organisation needs to expand its brand o

Pricing, how cost structure influence in pricing a product?

how cost structure influence in pricing a product?

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