You're going to set up a proportion. % over 100 = is over of. You're looking for the percent so that's your x. X over 100=7 over 25. Cross multiply to get 25x=700. Divide both sides by 25 and your answer is 28%
Answer:
RQ is equals to RQ
Explanation:
i took the test
Summary of information:
total output = 3600 units per year
split into 18 equal orders
cost per order = $40
cost to store a unit for one year = $20
lead time (i.e. storage before shipping) = 5 days
Solution:
quantity split into 18 orders, so 3600/18= 200 units per order.
Order cost = $40 * 18 orders = $720 ..........................(A)
Storage cost:
Each order has 200 units, stored for 5 days = 200*5=1000 unit-days
storage needed for 18 orders = 1000*18 = 18000 unit-days = 50 unit-years
Total storage cost = 50 unit-years * $20 / unit year = $1000...........(B)
Total ordering cost = (A) + (B) = $720+$1000 = $1720
Answer:
price = $190
quantity = 950 tickets
Step-by-step explanation:
revenue = price * quantity
n = number of $10 price reductions
price = 300 - 10n
quantity = 400 + 50n
r = (300 - 10n)(400 + 50n)
recognize these as the factors of a quadratic that opens down
the vertex will therefor be the maximum revenue
the roots are:
300 - 10n = 0
300 = 10n
n = 30
400 + 50n = 0
50n = -400
n = -8
vertex is at mid point of the roots
n = (-8 + 30)/2
n = 11
price = 300 - 10n
price = 300 - 10(11)
price = 190
quantity = 400 + 50n
quantity = 400 + 50(11)
quantity = 950
