A small company can produce up to 200 handmade sandals a month. The monthly cost, C, of producing x sandals is C(x) = 1000 + 5x.
. The monthly revenue, R, is given by R(x) = 75x - 0.4x2 . . Round your answer to the nearest integer.. At what production levels will the company lose money?. a. between 0 and 10 or between 150 and 190 pairs, inclusive . c. between 10 and 20 or between 50 and 100, inclusive . b. between 0 and 15 or between 160 and 200 pairs, inclusive . d. between 15 and 35 or between 75 and 125, inclusive .
<span>I will assume the more likely selection of $10 per sandal as opposed to $0.05 per sandal.
So with the formulas
c = 1000 + 5x
r = 75x - 0.4x^2
Sandals Cost Revenue Profit or Loss
0 $1,000.00 $0.00 -$1,000.00
1 $1,005.00 $74.60 -$930.40
2 $1,010.00 $148.40 -$861.60
3 $1,015.00 $221.40 -$793.60
4 $1,020.00 $293.60 -$726.40
5 $1,025.00 $365.00 -$660.00
6 $1,030.00 $435.60 -$594.40
7 $1,035.00 $505.40 -$529.60
8 $1,040.00 $574.40 -$465.60
9 $1,045.00 $642.60 -$402.40
10 $1,050.00 $710.00 -$340.00
11 $1,055.00 $776.60 -$278.40
12 $1,060.00 $842.40 -$217.60
13 $1,065.00 $907.40 -$157.60
14 $1,070.00 $971.60 -$98.40
15 $1,075.00 $1,035.00 -$40.00
16 $1,080.00 $1,097.60 $17.60
17 $1,085.00 $1,159.40 $74.40
18 $1,090.00 $1,220.40 $130.40
19 $1,095.00 $1,280.60 $185.60
20 $1,100.00 $1,340.00 $240.00
As you can see 16 sandals and up is profitable.
At what production levels will the company lose money?
a. between 0 and 10 or between 150 and 190 pairs, inclusive
150 and 190
c. between 10 and 20 or between 50 and 100, inclusive
If you add up the profit between 10 and 20 you will get $-484 so 50 and 100
b. between 0 and 15 or between 160 and 200 pairs, inclusive
160 and 200
d. between 15 and 35 or between 75 and 125, inclusive
Neither 15 and 35 or 75 and 125 will lose money.</span>
TRUE because the slope of the correlation line is 2 and this is the rate of change of y respect to x
b)
FALSE
The correlation coefficient r is always between -1 and 1, so it can never be greater than one
c)
FALSE
A student might expect that there is a positive correlation between the age of their laptop and its resale value only if after collecting a large enough sample of data that relates age of the student and price of resale of their laptop, he or she finds that there is a positive correlation coefficient r>0
d)
TRUE
If there is a positive correlation, then the greater the x, the greater the y
e)
FALSE
If there is no correlation between the independent and dependent variables, then the value of the correlation coefficient must be 0.