A trailer manufactor has multiple products designed to be towed by a pickup (Ford F-150, Toyota Tacoma,etc).The production of one of their products - the XL7 5x10 trailer - referred to as XL7510 here, has a fixed1cost of $66,240 and a variable cost per unit of XL7510 equal to 202 + dollars, where it is the totalnumber of XL7510s produced.IISuppose further that the selling price of this product is 1194The x-values of the break-even points areThe maximum revenue isForm the profit function: P(x) =The maximum profit isThe price that will maximize profit isdollars per unit of XL7510.dollars (round to the nearest cent)dollars (round to the nearest cent)

Given, Fixed cost=$66240 Variable cost per unit=$(202+12x) Selling price per unit=$(1194-12x) Where…

Answered: A trailer manufactor has multiple…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

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A trailer manufactor has multiple products designed to be towed by a pickup (Ford F-150, Toyota Tacoma, etc). The production of one of their products - the XL7 5x10 trailer - referred to as XL7510 here, has a fixed 7 cost of $56,048 and a variable cost per unit of XL7510 equal to 214 + - dollars, where is the total number of XL7510s produced. 10 Suppose further that the selling price of this product is 1180 The -values of the break-even points are The maximum revenue is Form the profit function: P(x) = The maximum profit is The price that will maximize profit is 3 10 - dollars per unit of XL7510. dollars (round to the nearest cent) dollars (round to the nearest cent)
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