Homework Help is Here – Start Your Trial Now!
Business
Operations Management
Akali is the only nurse in lonia. lonia has 21 ninja households distributed one-tenth of a mile along the main street. Each ninja household goes to see Akali for her services at most one time per week. There are additional dangers on the street going there-and back again which are equal to $0.5 for every tenth of the mile. The reservation price of each ninja to pay for Akali services is $10. To serve each ninja, Akali incurs $2 costs. What the maximum price should Akali charge if she wants to serve the whole lonia? How mu

Akali is the only nurse in lonia. lonia has 21 ninja households distributed one-tenth of a mile along the main street. Each ninja household goes to see Akali for her services at most one time per week. There are additional dangers on the street going there-and back again which are equal to $0.5 for every tenth of the mile. The reservation price of each ninja to pay for Akali services is $10. To serve each ninja, Akali incurs $2 costs. What the maximum price should Akali charge if she wants to serve the whole lonia? How mu

Practical Management Science
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...
See similar textbooks
icon
Related questions
Question

14. Akali is the only nurse in lonia. lonia has 21 ninja households distributed one-tenth of a mile along the main street. Each ninja household goes to see Akali for her services at most one time per week. There are additional dangers on the street going there-and back again which are equal to $0.5 for every tenth of the mile. The reservation price of each ninja to pay for Akali services is $10. To serve each ninja, Akali incurs $2 costs. What the maximum price should Akali charge if she wants to serve the whole lonia? How much would she earn? 

Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.
SEE MORE TEXTBOOKS