We found 69 items matching your search.
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Maximize profit |
2007-10-22 |
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From Dina:
A meat market purchases steak from a local meat packinghouse. The meat is purchased on Monday at a price of $2 per pound, and the meat market sells the steak for $3 per pound. Any steak left over at the end of the week is sold to a local Zoo for $0.50 per pound. The demand for steak and the probabilities of occurrence are as follows:
Demand Probability
20 10%
21 10%
22 15%
23 20%
24 20%
25 15%
26 10%
Determine the amount of stock to maximize the profit. Draw the graph and explain.
Answered by Penny Nom. |
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Maximizing profits II |
2007-10-05 |
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From a student:
Suppose there are three firms with the same demand function. The function is Q=1000-40P. Each firm also a a cost function.
Firm 1: 4000+5Q,
Firm 2: 3000+5Q,
Firm 3: 3000+7Q.
What price should each firm charge if it wants to maximize profits.
Answered by Harley Weston. |
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Maximizing profit |
2007-10-05 |
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From a student:
Use the following equation to demonstrate how a firm that produces at MR=MC can also maximize its total profit. The equations to use are
P=170-5Q
TC=40+50Q+5Q^2
Answered by Harley Weston. |
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Find the dimensions of the rectangle that will contain the greatest area |
2007-08-06 |
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From Julirose:
The perimeter of a rectangle is 38 meters. Find the dimensions of the rectangle that will contain the greatest area.
Answered by Penny Nom. |
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The isosceles triangle of largest area with perimeter 12cm |
2007-07-16 |
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From sharul:
find the dimension of isosceles triangle of largest area with perimeter 12cm
Answered by Harley Weston. |
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Using Heron's Formula to help maximize the area of a triangle |
2007-06-27 |
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From Claire:
Given one side of a triangle is 4 cm and the ratio 1:3 for the other 2 sides. What is the largest area of the triangle?
Answered by Stephen La Rocque and Harley Weston. |
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Maximizing the volume of a cone given the slant length |
2007-05-14 |
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From Christina:
A coffee filter for a new coffee maker is to be designed using a conical filter. The filter is to be made from a circle of radius 10cm with a sector cut from it such that the volume of coffee held in the filter is maximised. Determine the dimensions of the filter such that the volume is maximised.
Answered by Stephen La Rocque and Kerstin Voigt. |
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Maximize revenue |
2007-03-08 |
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From San:
A movie theatre sells tickets for $8.50 each. The manager is considering raising the prices but knows that for every 50 cents the price is raised, 20 fewer people go to the movies. The equation R= -40c^2+84c describes the relationship between the cost of the tickets, c dollars, and the amount of revenue, R dollars, that the theatre makes. What price should the theatre charge to maximize revenue? This question comes from my gr.11 corresponding study homework and I not yet solve it. Please help! Thank you, I will appreciate your help.
Answered by Stephen La Rocque. |
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Maximize the area of the yard |
2007-02-08 |
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From Andy:
I have 60 m to construct a fence adjacent to my house. What are the values of x and y that maximize the area of the yard?
Answered by Penny Nom. |
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Maximizing profit |
2007-01-23 |
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From Denise:
Total Profit= Total Revenue-Total Cost P(x)=R(x)-C(x) Where x is the number of units sold. Find the maximum profit and the number of units that must be sold in order to get that profit. R(x)=5x C(x)=.001x^2+1.2x+60
Answered by Stephen La Rocque. |
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A field with the largest possible area |
2005-09-25 |
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From Louise:
A FARMER HAS FENCING OF 1000M AND WANTS A FIELD WITH THE BIGGEST POSSIBLE AREA HOW DO I GO ABOUT DOING THIS
Answered by Penny Nom. |
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Maximizing revenue |
2005-05-13 |
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From Jackie:
1.The manager of a 100-unit apartment complex knows from experience that all units will be occupied if the rent is $400 per month. A market survey suggests that, on the average, one additional unit will remain vacant for each $5 increase in rent. What rent should the manager charge to maximize revenue?
2.During the summer months Terry makes and sells necklaces on the beach. Last summer he sold the necklaces for $10 each and his sales averaged 20 per day. When he increased the price by $1, he found that he lost two sales per day.
a. Find the demand function, assuming it is linear.
b. If the material for each necklace costs Terry $6, what should the selling price be to maximize his profit?
Answered by Penny Nom. |
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Largest square inside a circle |
2004-10-25 |
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From Bob:
my granddaughter asked
what is the largest size square in inches
would fit in a 60 inch circle?
I believe it to be around 42.3 inches but
would like to teach her how to do it mathematically.
Answered by Penny Nom. |
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Maximize income |
2004-10-24 |
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From Connie:
A company that sells x units of a product generates an income (I, in dollars) which is a function of x. The income generated is described by the equation
I = (-1/2)x^2 + 100x.
Discuss how to determine the number of units that must be sold so that the company can maximize its income. What is the maximum income?
Answered by Penny Nom. |
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Maximizing the angle to the goal mouth |
2004-05-15 |
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From Yogendra:
You are running down the boundary line dribbling the ball in soccer or hockey. Investigate where in your run the angle the goal mouth makes with your position is at a maximum.
Answered by Penny Nom. |
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