Answer:
the fastest we could drop your price before your monthly revenue starts to drop is $2,000
Explanation:
Data provided in the question:
Cars sold per month, Q = 70 cars
Price of each car, P = $35,000
Rate of increase in demand,
= 4 cars per month
Now,
Revenue, R = Price(P) × Quantity (Q)
Thus,
When monthly revenue starts to drop i.e
< 0
⇒
=
< 0
or
⇒
< 0
or
⇒
< 0
or
⇒
< - 140,000
or
< - 2,000
Hence,
the fastest we could drop your price before your monthly revenue starts to drop is $2,000
The selection of battery sizing that results in the best financial performances must be supported by revenue estimation for combined renewable energy and energy storage systems.
Mixed-integer linear programming is a common strategy for maximizing the profits of a hybrid hydro and energy storage system (MILP). While MILP models are frequently quite computationally expensive, they can offer precise production cost estimates. We suggest a novel method for forecasting the optimal revenues of an integrated energy generating and storage system in order to offer hydropower plant owners or operators with quick yet accurate first-step information when they consider integrating energy storage systems.
To learn more about renewable energy here
brainly.com/question/17373437
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Answer:
c. 246 units
Explanation:
Daily demand, d = 20 units
Service Level = 95 % = 0.95. Z (according to Standardized Normal Curve) = 1.65
Average Lead Time, LT-bar = 9 days
Standard deviation of Lead Time, σLT = 2 days
Reorder Point = Expected Demand during Lead time + Safety Stock
Reorder Point = d*LT-bar + z*d*σLT
Reorder Point = (20*9) + (1.65*20*2)
Reorder Point = 180 + 66
Reorder Point = 246 units
Answer:
People face trade-offs.
Explanation:
A trade off is a giving up of one thing in return for another. All of the alternatives that we give up when we choose one course of action over the other.
Is a sacrifice of one good to purchase or produce another good. Must be maid because when a resource is used to produce one good, that same resource cannot be used to produce another.
Is an alternative that you face if you decide to do one thing rather than other. There is a choose to use resources in one way and not the other.