How many units should be rented to maximize the profit

Assignment Help Other Subject
Reference no: EM131149096

A real estate office handles, say, 50 apartment units. When the rent is, say, $600 per month, all the units are occupied. However, for each, say, $40 increase in rent, one unit becomes vacant.

Moreover, each occupied unit requires an average of $27 per month for maintenance.

How many units should be rented to maximize the profit? Write a program that prompts the user to enter:

a. The rent to occupy all the units.

b. The increase in rent that results in a vacant unit.

c. Amount to maintain a rented unit.

The program then outputs the number of units to be rented to maximize the profit.

Reference no: EM131149096

Questions Cloud

Software for building searchable digital bibliographic db : Most effective software for building searchable digital bibliographic database?- the technical requirements for such conversion from printed material to searchable digital format;
What diameter rope should you choose : If your mass is 102kg, and the acceleration of gravity is g=9.8m/s2, what diameter rope, Dmin (in mm), should you choose if you want a safety factor of 2 against failure
Formulating global telecommunications policy : What role does the ITU play in formulating global telecommunications policy? In setting standards? In radio communications? In economic development?
What are the components of social perceptions : Choose two categories of psychological disorders and outline the main symptoms associated with the disorders. Choose and describe two treatment options for psychological disorders.
How many units should be rented to maximize the profit : How many units should be rented to maximize the profit? Write a program that prompts the user to enter - The increase in rent that results in a vacant unit.
Discuss what options the counselor has to be in compliance : Review and summarize the standards related to confidentiality. What steps will you take as a counselor in the criminal justice system to be in compliance with the ethical standards? After reviewing the textbook and online lecture, how will you han..
How frequently should the production runs be made : A company consumes 12000 units of a particular item. The company has a production capacity of 60 units/day. How frequently should the production runs be made
Undirected weighted graph with distinct edge weights : In an undirected weighted graph with distinct edge weights, both the lightest and the second lightest edge are in some MST (Minimum Spanning Tree). Is this true or false?
Research the criminological and victimization theories : research the criminological and victimization theories presented in the group lists below.- Select two criminological theories, - two theories of victimization.

Reviews

Write a Review

Other Subject Questions & Answers

  Different individuals regarding their positions in society

Write a 1500-word paper using APA standards that focuses on the following: Interview two different individuals regarding their positions in society.

  Explain the concept of predestination

Explain the concept of predestination. What is the Islamic conception of predestination> Contrast this view to the Western religious view.

  How will professional knowledge guide your practice

From what specific professional knowledge will you draw in your practice? Whose theories, ideas, etc. are meaningful to you? Be cautious about assigning to yourself a label that you do not fully understand. This could be potentially embarrassing o..

  Forces model for automobile industry

Porter's Five Forces Model for Automobile Industry. Please review the required You Tube video Five Competitive Forces That Shape Strategy, regarding Porter's 5 forces

  Use segmentation variables-target market

How you might use "segmentation variables to help you identify your "target market? How might you do that for the business you want to open in a way that creates a strong market for your business?

  What cushions does feld recommend

What recommendations for juvenile courts does Barry C. Feld offer that would not necessitate abolishing them? Why does he dismiss them, preferring instead to abolish juvenile courts altogether? What "cushions" does Feld recommend for juveniles being ..

  Electoral democracy-liberal democracy-substantive democracy

Discuss the differences between electoral democracy, liberal democracy, and substantive democracy. In what way does each of these definitions provide a useful measure of democracy in a range of countries?

  To what extent is delia responsible for sykess death

To what extent is Delia responsible for Sykes’s death? To what extant is Sykes responsible? Do you think that Delia’s action (or inaction) at the end of the story is immoral? Why, or why not?

  When the deliberate arrangement and control of variables

When the deliberate arrangement and control of variables is possible, the ______ is most likely to allow cause and effect conclusions to be drawn when the research is complete.

  Demographic histories

how did changes in the status of women in the developed countries affect their demographic histories?

  Describe briefly significance of procurement planning

Describe briefly significance of procurement planning.

  Social factors that help determining health

Discuss the impact of health policies on the social factors that help determine health. Site all sources. US sites and sources please.

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