Tim spends his income on donuts (D) and coffee (C). Coffee is $2 per cup and donuts are $1 each. Assume that Tim has $10 to spen
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Answer:
The max revenue is "$32,300". The further explanation is described below.
Explanation:
(a)
The composition as well as response of models within 6 rows seems to be as described in the following:
Maximum 1650B + 850N + 790P (B bracelets, N necklaces and P pins produce overall revenue)
Yes of course,
The total gold ounces will be:
⇒
The total labor hours will be:
⇒
Integers B, N, P will become
The response for LINDO is:
B=10.0.
N=0
P=20
Final Value of Maximization will be:
= 32,300
(b)
- 10 bracelets, hardly any necklaces as well as 20 pins should always be made by the shop.
- These goods utilizing 125 ounces of gold simultaneously,
- It would use 310 hours of labor although 10 hours would then stay unused.
The maximum salary will become:
= $32,300.
Answer:
Profit 6,130
Explanation:
MC = 30X + 4
when X=5
Cost to produce 5 units:
We will need to calcualte the MC for 1, 2 , 3, 4 and 5 units and then add them together
MC = 30(5) + 4 = 150 + 4 = 154
MC = 30(4) + 4 = 150 + 4 = 124
MC = 30(3) + 4 = 150 + 4 = 94
MC = 30(2) + 4 = 150 + 4 = 64
MC = 30(1) + 4 = 150 + 4 = 34
Total 470
Giving this, now anther way, more easy would be to use the Gauss method to a summatory:
S to 5 from 1 of (30x+4) =
S = 470
Now we can continue:
Total Marginal cost 470 + Fixed Cost: 900 = 1370
MR = 1500 revenue for adding 1 unit
1500 x 5 = 7500 total revenue
total revenue - total cost = profit
7500 - 1370 = 6,130