A company manufactures two
products. The price function for product A is
p = 19 −
| 1 |
| 2 |
x
(for 0 ≤ x ≤ 38),
and for product B is
q = 33 − y
(for 0 ≤ y ≤ 33),
both in thousands of dollars, where x and y are the amounts of products A and B, respectively. If the cost function is
C(x, y) = 11x + 17y − xy + 7
thousands of dollars, find the quantities and the prices of the two products that maximize profit.
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A company manufactures two products. The price function for product A is p = 19 − 1 2 x (for 0 ≤ x ≤ 38), and fo...
A company manufactures two products. The price hnction for product A tr。-18-1 x both in thousands...
A company manufactures two products. The price hnction for product A tr。-18-1 x both in thousands of dollars, where x and y are the amounts of products A and fi, respectively. If the cost function is x,y)-12x+1By-xy+19 thousands of dollars, find the quantries and the prices of the two products that maximize profit product A quantity act A price product B quantity product B price thousand dollars thousand dollars Find the maximum profit thousand doliars View Previou Question Question 5...
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The following function is a company's price function, where p is the price in dollars) at which quantity X (in thousands) will be sold. p=500e-0.2x (a) Find the revenue function R(x). (Hint: Revenue is price times quantity, p.x.] R(x) = X (b) Find the quantity and price that will maximize revenue. (Round your answers to two decimal places.) thousand units X P = $ Need Help? Read It Watch It Talk to a Tutor Submit Answer 2. [-12 Points] DETAILS...
(1 point) The profit function for a computer company is given by P(x) = -x2 +...
(1 point) The profit function for a computer company is given by P(x) = -x2 + 31x – 22 where x is the number of units produced (in thousands) and the profit is in thousand of dollars. a) Determine how many (thousands of) units must be produced to yield maximum profit. Determine the maximum profit. (thousands of) units = maximum profit = thousand dollars b) Determine how many units should be produced for a profit of at least 40 thousand....
4. The demands for a monopolist's two products are determined by the equations p=25 - x and q=24 - 2y, where p and q ar...
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Company manufactures two products. Information about the two products is as follows: Product A Product B...
Company manufactures two products. Information about the two products is as follows: Product A Product B $80 $30 Selling sales price per unit Variable Costs per unit $45 $15 The company expects fixed costs to be $189,000. The firm expects 60% of its sales (in units) to be Product A A. Determine the break-even point in units for Products A and B B. Determine the level of sales (in dollars) necessary to generate opening income of $155,000
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The weekly demand function for x units of a product sold by only one firm is p = 600 – 3x dollars, and the average cost of production and sale is 7 = 400 + 2x dollars. (a) Find the quantity that will maximize profit. units (b) Find the selling price at this optimal quantity. per unit (c) What is the maximum profit?
2. Red company manufactures two products, Alfa and Beta, using the following productive factors: PRODUCT X...
2. Red company manufactures two products, Alfa and Beta, using the following productive factors: PRODUCT X PRODUCT Y Standard Standard Standard price quantity (unit) Standard price quantity (unit) Raw material (kg) 10 12 30 25 Direct Labor 40 50 1000 Produced volume 250 To produce Alfa and Beta the following indirect overhead costs incurred: equipment expense 44.000 E; warehouse management expense 84.000 €; machines depreciation 12.000 €; Using DHL (direct hour labor) as allocation base, compute the production unitary cost...
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6. The quantity of a product demanded by consumers is a function of its price. The quantity of one product demanded may also depend on the price of other products. For example, if the only chocolate shop in town (a monoploy) sells milk and dark chocolates, the price it sets for each affects the demand of the other. The quantities demanded, q1 and q2, of two products depend on their prices, pi and p2, as follows: q1150- 2p1 - p2...
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4. A company manufactures two products, X and Y by using three machines A, B, and c Each of the products has to be processed on each machines. The Table below shows (a) the hours required on each machine to produce one unit of each of the products (b) the total number of hours available on each machine (c) the profit made on one unit of each product. It is assumed that the profit is directly proportional to the number...
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plz help with part e thank you
Score: 0 of 1 pt 1 of 5 (0 co 3.4.5 The price p and the quantity x sold of a certain product obey the demand equation below. x4p+ 80, 0sps 20 (a) Express the revenue R as a function of x. (b) What is the revenue if 76 units are sold? (c) What quantity x maximizes revenue? What is the maximum revenue? (d) What price should the company charge to maximize revenue?...
A company manufactures two products. The price hnction for product A tr。-18-1 x both in thousands of dollars, where x and y are the amounts of products A and fi, respectively. If the cost function is x,y)-12x+1By-xy+19 thousands of dollars, find the quantries and the prices of the two products that maximize profit product A quantity act A price product B quantity product B price thousand dollars thousand dollars Find the maximum profit thousand doliars View Previou Question Question 5...
The following function is a company's price function, where p is the price in dollars) at which quantity X (in thousands) will be sold. p=500e-0.2x (a) Find the revenue function R(x). (Hint: Revenue is price times quantity, p.x.] R(x) = X (b) Find the quantity and price that will maximize revenue. (Round your answers to two decimal places.) thousand units X P = $ Need Help? Read It Watch It Talk to a Tutor Submit Answer 2. [-12 Points] DETAILS...
(1 point) The profit function for a computer company is given by P(x) = -x2 + 31x – 22 where x is the number of units produced (in thousands) and the profit is in thousand of dollars. a) Determine how many (thousands of) units must be produced to yield maximum profit. Determine the maximum profit. (thousands of) units = maximum profit = thousand dollars b) Determine how many units should be produced for a profit of at least 40 thousand....
4. The demands for a monopolist's two products are determined by the equations p=25 - x and q=24 - 2y, where p and q are prices per unit of the two goods, and x and y are the corresponding quantities. The costs of producing x units of the first good and y units of the other are C(x,y) = 3x + 3xy + y2 (a) Find the monopolist's profit (x,y) from producing and selling x units of the first good...
Company manufactures two products. Information about the two products is as follows: Product A Product B $80 $30 Selling sales price per unit Variable Costs per unit $45 $15 The company expects fixed costs to be $189,000. The firm expects 60% of its sales (in units) to be Product A A. Determine the break-even point in units for Products A and B B. Determine the level of sales (in dollars) necessary to generate opening income of $155,000
The weekly demand function for x units of a product sold by only one firm is p = 600 – 3x dollars, and the average cost of production and sale is 7 = 400 + 2x dollars. (a) Find the quantity that will maximize profit. units (b) Find the selling price at this optimal quantity. per unit (c) What is the maximum profit?
2. Red company manufactures two products, Alfa and Beta, using the following productive factors: PRODUCT X PRODUCT Y Standard Standard Standard price quantity (unit) Standard price quantity (unit) Raw material (kg) 10 12 30 25 Direct Labor 40 50 1000 Produced volume 250 To produce Alfa and Beta the following indirect overhead costs incurred: equipment expense 44.000 E; warehouse management expense 84.000 €; machines depreciation 12.000 €; Using DHL (direct hour labor) as allocation base, compute the production unitary cost...
6. The quantity of a product demanded by consumers is a function of its price. The quantity of one product demanded may also depend on the price of other products. For example, if the only chocolate shop in town (a monoploy) sells milk and dark chocolates, the price it sets for each affects the demand of the other. The quantities demanded, q1 and q2, of two products depend on their prices, pi and p2, as follows: q1150- 2p1 - p2...
4. A company manufactures two products, X and Y by using three machines A, B, and c Each of the products has to be processed on each machines. The Table below shows (a) the hours required on each machine to produce one unit of each of the products (b) the total number of hours available on each machine (c) the profit made on one unit of each product. It is assumed that the profit is directly proportional to the number...
plz help with part e thank you
Score: 0 of 1 pt 1 of 5 (0 co 3.4.5 The price p and the quantity x sold of a certain product obey the demand equation below. x4p+ 80, 0sps 20 (a) Express the revenue R as a function of x. (b) What is the revenue if 76 units are sold? (c) What quantity x maximizes revenue? What is the maximum revenue? (d) What price should the company charge to maximize revenue?...
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