Find the maximum number of units that can be sold

Reference no: EM131013788

Advertising: Sound Software estimates that it will sell S units of a program after spending a dollars on advertising, where

N(α) = -α² + 300a + 6, 0 ≤ α ≤ 300.

and a is in thousands of dollars. Find the maximum number of units that can be sold and the amount that must be spent on advertising in order to achieve that maximum.

Reference no: EM131013788

Questions Cloud

Estimate of the current stock price : Orwell Building Supplies’ last dividend was $1.75. Its dividend growth rate is expected to be constant at 25% for 2 years, after which dividends are expected to grow at a rate of 6% forever. Its required return (rs) is 11%. What is the best estimate ..

Initial cost of plant if company raises equity externally : Sheaves Corp. has a debt−equity ratio of .8. The company is considering a new plant that will cost $118 million to build. When the company issues new equity, it incurs a flotation cost of 8.8 percent. The flotation cost on new debt is 4.3 percent. Wh..

What is the cost of new debt : Given the component costs identified above and the capital structure for the firm, what is the weighted average cost of capital for Coogly? What are the advantages and disadvantages of using this method in the capital budgeting process?

How much does he have to save annually to meet : Sam now calculates that he will need $25,000 a year for 30 years in retirement (he expects to live until he is 90.) If he starts saving next year, (1st payment when he is 31) how much does he have to save annually to meet his objective. How much will..

Find the maximum number of units that can be sold : Find the maximum number of units that can be sold and the amount that must be spent on advertising in order to achieve that maximum.

Explain the role of the brain in cognitive functions : Write a 700- to 1,050-word paper in which you explain the role of the brain in cognitive functions. As a part of your explanation, describe what Phineas Gage's accident revealed about how brain areas support cognitive function

What nominal interest rate is aerotron paying on the loan : Aerotron Electronics has just bought a used delivery truck for $15,000. The small business paid $1,000 down and financed the rest, with the agreement to pay nothing for the entire 1st year and then to pay $516.83 at the end of each month over years 2..

Importance of behavioral observation in cognitive psychology : Write a 700- to 1,050-word paper in which you define cognitive psychology. Address the following: Identify at least four key milestones in the development of cognitive psychology as a discipline. Discuss the importance of behavioral observation in co..

What is the best estimate of the intrinsic stock price : Atchley Corporation’s last free cash flow was $1.55 million. The free cash flow growth rate is expected to be constant at 1.5% for 2 years, after which free cash flows are expected to grow at a rate of8.0% forever. The firm's weighted average cost of..

User Account

All Pages