What is the max revenue

Assignment Help Operation Management
Reference no: EM13510306

You are selling exclusive hand-made necklace on Ebay. It is estimated that the demand next month is a function of price as follows:
a. Which price maximizes JJ's revenue and what is the max revenue?
b. Suppose you have only 20 necklaces available to sell next month, what price maximizes the revenue and what is the max revenue next month?

Reference no: EM13510306

Questions Cloud

Find how much work was done to compress the spring : a force of 500 N is requited to hold a spring in the state where it is compressed 0.1 m from its relaxed length. how much work was done to compress the spring
Calculate the annual depreciation : XYZ limited acquired an item of motor vehicle at a cost of Ksh. 5,000,000. The estimated useful life of the asset is 5 years. XYZ uses straight-line method of charging depreciation.
What is the orbital speed of this second satellite : Two satellites are in circular orbits around a planet that has radius 9.00x10^6m. One satellite has mass 65.0 kg, orbital radius 8.00×10^7 m, What is the orbital speed of this second satellite
Discuss effect on the overall audit plan of issues : Discuss the effect on the overall audit plan of the issues identified from the attached committee papers, including any increases in audit scope of which management would have to be advised and discuss the issues that should be considered in accep..
What is the max revenue : a. Which price maximizes JJ's revenue and what is the max revenue?
Find the net forward force exerted on the truck : Two men decide to use their cars to pull a truck stuck in mud. What is the net forward force exerted on the truck in the direction it is headed
What has happened to the real value of the yuan : What are the likely effects of the change in the yuan's real value on the dollar profits of a textile manufacturer that exports most of its output to the United States? What can it do to cope with these effects?
Find the maximum magnetic flux : The coils used to measure the movements of a blowfly have a diameter of 2.0 {\rm mm}. Find the maximum magnetic flux experienced by one of these coils
What reasons might mcdonald have had for cutting price : How much of a volume increase is necessary to justify the price cut from 530 to 410 yen? Assume the previous profit margin (contribution to overhead) for this meal was ¥220. What is the implied price elasticity of demand associated with this neces..

Reviews

Write a Review

Operation Management Questions & Answers

  Discuss how managers organize human

Can you discuss how leaders/managers organize human, physical and financial resources for the effective and efficient attainment of organizational goals?

  Analyze key differences between behaviorist and cognitive

Analyze key differences between the Behaviorist and Cognitive models of learning. Focus on where control of learning occurs in each approach.

  Should the pricing decisions in argentina be delegated to

imagine you are the marketing manager for a u.s. manufacturer of paper products including paper plates paper towels

  What are optimal solution and total profit contribution

What are the optimal solution and the total profit contribution and provide Osaka Industries with an additional 500 pounds of the steel alloy at $2 per pound. Should Osaka purchase the additional pounds of the steel alloy? Explain.

  Demand for a popular athletic shoe is nearly constant at

demand for a popular athletic shoe is nearly constant at 800 pairs per week for a regional division of a national

  Develop a short summary 1-2 pages of your client

in this assignment you will identify a global organization with branches in different countries and select this company

  Analyze basic technology underlying health care information

Recommend actions that senior management could take in the community in which you live to push the boundaries of information technology management.

  Identify the major determinants of individual performance

identify the major determinants of individual performance

  Determine the crossover point for the two options

Determine the crossover point for the two options. Please give the formula for calculating crossover points, at least one step of calculation, and the correct answer.

  What particular aspects of zappos would other organizations

What particular aspects of Zappos would other organizations do well to emulate? Explain your answer.

  Finance function in an organization

In a one sentence describe the main job of the Finance function in an organization? the Marketing function? the Human Resource Function?

  You have been placed in charge of the business development

over the past several weeks you have been learning about the various issues surrounding the challenges and numerous

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