D's is considering publishing a paperback textbook on spreadsheet applications for business. The fixed cost of manuscript preparation, textbook design, and production setup is estimated to be P100,000. Variable production and material costs are estimated to be P150 per book. Demand over the life of the book is estimated to be 4000 copies. The publisher plans to sell the text to college and university bookstores for P1000 each. a. Formulate the total cost function. b. Formulate the revenue function. c. Formulate the profit function. d. What is the breakeven point? e. What profit or loss can be anticipated with a demand of 4000 copies?
D's is considering publishing a paperback textbook on spreadsheet applications for business. The fixed cost of manuscript preparation, textbook design, and production setup is estimated to be P100,000. Variable production and material costs are estimated to be P150 per book. Demand over the life of the book is estimated to be 4000 copies. The publisher plans to sell the text to college and university bookstores for P1000 each. a. Formulate the total cost function. b. Formulate the revenue function. c. Formulate the profit function. d. What is the breakeven point? e. What profit or loss can be anticipated with a demand of 4000 copies?
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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D's is considering publishing a paperback textbook on
spreadsheet applications for business. The fixed cost of manuscript
preparation, textbook design, and production setup is estimated to be
P100,000. Variable production and material costs are estimated to be P150 per
book. Demand over the life of the book is estimated to be 4000 copies. The
publisher plans to sell the text to college and university bookstores for P1000
each.
a. Formulate the total cost function.
b. Formulate the revenue function.
c. Formulate the profit function.
d. What is the breakeven point?
e. What profit or loss can be anticipated with a demand of 4000
copies?
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