4GE10:01A company has production costs ofitem and can produce 270$15peritems for a total cost of $6,925. Thecompany brings in a total of $3,995in revenue from selling 85 of theseitems.Determine each of the followingfunctions. Enter all answers below inslope-intercept form, using exactnumbers.a. Find the company's linearrevenue function.R(x)b. Find the company's linearprofit function.P(x)Submit answer

Slope intercept form = ax + b where x = slope b = intercept Given: Cost to make 270 units…

Answered: A company has production costs of $15…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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ou have been pricing Samsung-Galaxy SmartWatch in several stores. Three stores have the identical price of $400. Each store charges 18 percent APR, has a 30-day grace period, and sends out bills on the first of the month. On further investigation, you find that store A calculates the finance charge by using the average daily balance method, store B uses the adjusted balance method, and store C using the previous balance method. Assume you purchased the SmartWatch on May 5 and made a $100 payment on June 15. What will the finance charge for June be if you made your purchase from store A? From store B? From store C?

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