Metering devices, Management Theories

A company produces electrical metering devices that monitor power quality. The company's fixed cost is $68,000 per month. The variable cost is $80 per metering device. The selling price per device can be modeled by S = 170 - 0.05 Q where S is the selling price and Q is the number of metering devices sold. How much metering devices must the company sell per month in order to realize a maximum profit?

Posted Date: 3/18/2013 8:45:59 AM | Location : United States

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