The total revenue that is gained from the sales of the cakes is determined by multiplying the number of cakes by the price. If we let x be the number of $1 that should be deducted from the price and y be the total revenue,
y = (25 - x)(100 + 5x)
Simplifying,
y = 2500 + 25x - 5x²
We get the value of x that will give us the maximum revenue by differentiating the equation and equating the differential to zero.
dy/dx = 0 = 25 - 10x
The value of x is 2.5.
The price of the cake should be 25 - 2.5 = 22.5.
Thus, the price of the cake that will give the maximum potential revenue is $22.5.
Answer:
.17 seconds
Step-by-step explanation:
I divided 68 by 400
Given:
μ = 68 in, population mean
σ = 3 in, population standard deviation
Calculate z-scores for the following random variable and determine their probabilities from standard tables.
x = 72 in:
z = (x-μ)/σ = (72-68)/3 = 1.333
P(x) = 0.9088
x = 64 in:
z = (64 -38)/3 = -1.333
P(x) = 0.0912
x = 65 in
z = (65 - 68)/3 = -1
P(x) = 0.1587
x = 71:
z = (71-68)/3 = 1
P(x) = 0.8413
Part (a)
For x > 72 in, obtain
300 - 300*0.9088 = 27.36
Answer: 27
Part (b)
For x ≤ 64 in, obtain
300*0.0912 = 27.36
Answer: 27
Part (c)
For 65 ≤ x ≤ 71, obtain
300*(0.8413 - 0.1587) = 204.78
Answer: 204
Part (d)
For x = 68 in, obtain
z = 0
P(x) = 0.5
The number of students is
300*0.5 = 150
Answer: 150
Answer:
14 1/2
Step-by-step explanation:
Rewriting our equation with parts separated
=7 + 7/8 + 6 + 5/8
Solving the whole number parts
7 + 6=13
Solving the fraction parts
7/8 + 5/8= 12/8
Reducing the fraction part, 12/8,
12/8=3/2
Simplifying the fraction part, 3/2,
3/2=1 1/2
Combining the whole and fraction parts
13 + 1 + 12=14 1/2
Answer:
Step-by-step explanation:
r = 1.5 ft
h = 15 ft
π = 3.14
Volume = πr²h
= 3.14 * 1.5 *1.5 *15
= 1.5.975 cubic feet
