Calculate the total revenue for the new line of sweaters

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Reference no: EM131500965

Fiberia Accessories, a clothing retailer, is planning to introduce a new line of sweaters as part of the winter collection for $65 with an inventory of 1500. The main selling season is 60 days between November and December. The store then sells the remaining units in a clearance sale at 65 percent discount. Out of the 60 main retail days, Fiberia sells the sweaters at full retail price for only 45 days, while giving a discount of 25 percent for the remaining 15 days. The demand functions a, and b are given as 79.5 and 1.1 respectively

1) Calculate the total number of units sold during the full retail sales period

2) Calculate the total revenue during the discount sales period.

3) Calculate the total revenue for the new line of sweaters.

Reference no: EM131500965

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