Homework Answers
| Profit = R(x) - C(x) | ||
| Total revenue | 180784.78 | =9647*18.74 |
| Less: Total costs | 164813.70 | =(9647*12.1)+48085 |
| Profit of manufacturing and selling | 15971.08 |
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Profit Analysis The same multimedia company now estimates their cost and revenue functions to be: Clx)...
Question 5 3 pts Production Analysis The same multimedia company as above revised their cost and...
Question 5 3 pts Production Analysis The same multimedia company as above revised their cost and revenue functions. Now they estimate: Cl)- 11.7x +48069 and R)-18.5x Find the number of units that must be produced and sold for a profit of $245. (Round to the nearest whole number). D Question 6 3 pts Profit Analysi The same multimedia company now estimates their cost and revenue functions to be: Clx)-10.8x + 48073 and R(x)- 17.55x. Find the profit of manufacturing and...
Production Analysis The same multimedia company as above revised their cost and revenue functions. Now they...
Production Analysis The same multimedia company as above revised their cost and revenue functions. Now they estimate: C(x) = 12x + 48,076 and Rix) - 17.44x Find the number of units that must be produced and sold for a profit of $246. (Round to the nearest whole number).
Break-Even Analysis A publisher for a promising new novel figures fixed costs (overhead, advances, promotion, copy...
Break-Even Analysis A publisher for a promising new novel figures fixed costs (overhead, advances, promotion, copy editing, typesetting) ac $55,858, and marginal costs (printing, paper, binding, shipping) at $1.6 for each book produced. If the book is sold to distributors for price of $11 each, How many must be produced and sold for the publisher to break even? (Round to the nearest whole number). Profit Analysis The same multimedia company now estimates their cost and revenue functions to be: C(x)...
Break-Even Analysis A multimedia company produces DVDs. It estimates their cost function to be: Clx) -...
Break-Even Analysis A multimedia company produces DVDs. It estimates their cost function to be: Clx) - 12.6 x + 48,094 The DVD is sold to retail outlets and the revenue function is: R60 - 16.52% Both C1x) and R6) are in dollars and x-number of DVDs manufactured and sold. How many DVDs must be manufactured and sold in order for the company to break even? (Round to the nearest whole number).
Break-Even Analysis A multimedia company produces DVDs. It estimates their cost function to be: C(x) =...
Break-Even AnalysisA multimedia company produces DVDs. It estimates their cost function to be:C(x)=13.2 x+48,038The DVD is sold to retail outlets and the revenue function is:R(x)=16.61 xBoth C(x) and R(x) are in dollars and x= number of DVDs manufactured and sold.How many DVDs must be manufactured and sold in order for the company to break even? (Round to the nearest whole number).Equilibrium AnalysisSuppose that the demand function and supply function for honey are P=D(q)=-1.3 q+23 andP=S(q)=0.5 q+2.9where P is the price...
Fixed Cost Analysis In deciding whether to set up a new manufacturing plant, company analysts have...
Fixed Cost Analysis In deciding whether to set up a new manufacturing plant, company analysts have decided that a linear function is a reasonable estimation for the total cost Clx) in dollars to produce x items. They estimate the cost to produce 1,000 items/day as $54,746, and the cost to produce 5,000 items/day as $73,717. Find the foxed cost of production (Round to two decimal places)
The revenue and cost functions for a particular product are given below.
The revenue and cost functions for a particular product are given below. The cost and revenue are given in dollars, and x represents the number of unitsR(x)=-0.8x2+608xC(x)=256x+36720(a) How many items must be sold to maximize the revenue?(b) What is the maximum revenue?(c) Find the profit function.(d) How many items must be sold to maximize the profit?(e) What is the maximum profit?(f) At what production level(s) will the company break even on this product?
MANUFACTURING PROFIT Rafael estimates that it costs $14 to produce each unit of a particular comm...
MANUFACTURING PROFIT Rafael estimates that it costs $14 to produce each unit of a particular commodity that sells for $23 per unit. There is also a fixed cost of $1,200. Express the cost C(x), the revenue R(x), and the profit P(x) as functions of the number of units x that are produced and sold. I have this answer** R (x) = 23x C (x) = 14x + 1,200 and P (x) = 9x - 1200 there are different answers already...
The formulas below are the cost and revenue functions for a company that manufactures and sells...
The formulas below are the cost and revenue functions for a company that manufactures and sells small radio a. Use the formulas shown to write the company's profit function, P, from producing and selling x radios. b. Find the company's profit if 25,000 radios are produced and sold. C(x) = 84,000 + 38x and R(x) = 44x a. The company's profit function is Px)=(Simplify your answer.) b. The company's profit from selling 25,000 radios is $]). (Simplify your answer) Enter...
Total Cost Analysis The manager of a rival T-shirt stand found that her cost to produce...
Total Cost Analysis The manager of a rival T-shirt stand found that her cost to produce 10 T- shirts is $112.67, while the cost to produce 40 T-shirts is $399.09. Assume the cost C(x) is a linear function of x, the number of T-shirts produced. Find the total cost of producing 100 T-shirts.(Round to 2 decimal places) Fixed Cost Analysis In deciding whether to set up a new manufacturing plant, company analysts have decided that a linear function is a...
Question 5 3 pts Production Analysis The same multimedia company as above revised their cost and revenue functions. Now they estimate: Cl)- 11.7x +48069 and R)-18.5x Find the number of units that must be produced and sold for a profit of $245. (Round to the nearest whole number). D Question 6 3 pts Profit Analysi The same multimedia company now estimates their cost and revenue functions to be: Clx)-10.8x + 48073 and R(x)- 17.55x. Find the profit of manufacturing and...
Production Analysis The same multimedia company as above revised their cost and revenue functions. Now they estimate: C(x) = 12x + 48,076 and Rix) - 17.44x Find the number of units that must be produced and sold for a profit of $246. (Round to the nearest whole number).
Break-Even Analysis A publisher for a promising new novel figures fixed costs (overhead, advances, promotion, copy editing, typesetting) ac $55,858, and marginal costs (printing, paper, binding, shipping) at $1.6 for each book produced. If the book is sold to distributors for price of $11 each, How many must be produced and sold for the publisher to break even? (Round to the nearest whole number). Profit Analysis The same multimedia company now estimates their cost and revenue functions to be: C(x)...
Break-Even Analysis A multimedia company produces DVDs. It estimates their cost function to be: Clx) - 12.6 x + 48,094 The DVD is sold to retail outlets and the revenue function is: R60 - 16.52% Both C1x) and R6) are in dollars and x-number of DVDs manufactured and sold. How many DVDs must be manufactured and sold in order for the company to break even? (Round to the nearest whole number).
Fixed Cost Analysis In deciding whether to set up a new manufacturing plant, company analysts have decided that a linear function is a reasonable estimation for the total cost Clx) in dollars to produce x items. They estimate the cost to produce 1,000 items/day as $54,746, and the cost to produce 5,000 items/day as $73,717. Find the foxed cost of production (Round to two decimal places)
The formulas below are the cost and revenue functions for a company that manufactures and sells small radio a. Use the formulas shown to write the company's profit function, P, from producing and selling x radios. b. Find the company's profit if 25,000 radios are produced and sold. C(x) = 84,000 + 38x and R(x) = 44x a. The company's profit function is Px)=(Simplify your answer.) b. The company's profit from selling 25,000 radios is $]). (Simplify your answer) Enter...
Total Cost Analysis The manager of a rival T-shirt stand found that her cost to produce 10 T- shirts is $112.67, while the cost to produce 40 T-shirts is $399.09. Assume the cost C(x) is a linear function of x, the number of T-shirts produced. Find the total cost of producing 100 T-shirts.(Round to 2 decimal places) Fixed Cost Analysis In deciding whether to set up a new manufacturing plant, company analysts have decided that a linear function is a...
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