It costs a company $100 in variable costs to produce an air conditioner, plus a fixed cost  of $5,000 if any air conditioners are produced. If the company spends x dollars on  advertising, then it can sell x1/2 air conditioners at $300 each. How can the company  maximize its profit? If the fixed cost of producing any air conditioners were $20,000,  what should the company do

Q: The area of a parking lot is 600 square meters. A car requires 6 square meters. A bus requires 30…

A:

Q: January, the softcover books, and eft Coast Bookstore chain sold 600 hardcover books, 1,700 plastic…

A: We know that  Profit= Selling Price - Cost Price the matrix 600 1100 1700 denotes number of sold…

Q: The Acme Widget Company has found that if widgets are priced at $245, then 4800 will be sold each…

A:

Q: A manufacturer of a new patented product has found that he can sell 70 units a week to the customer…

A: The break even point occurs when the profit is equals to the sum of variable cost and the fixed…

Q: suppose it costs $52,000 per year to live in city A. It costs $90,000 to live in city B. In which…

A: We have to find correct answer.

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A: Given that a farmer is going to divide her 30-acre farm between two crops. The seed for crop A costs…

Q: What price per ticket should be charged in order to maximize​ revenue? How many people will attend…

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Q: A company estimates that it can sell 4,000 units each month of its product if it prices each unit at…

A: Let x be the number of units. The price of each unit is $80, then the prices of each unit is…

Q: The Acme Widget Company has found that if widgets are priced at $125, then 2700 will be sold each…

A: It is given that Acme Widget Company has found that if widgets are priced at $125, then 2700 will be…

Q: Sacred Heart’s yearbook committee is comparing prices from two different companies to print this…

A: given that  Company A: charges $5 000 for set up plus $4 per copy.Company B: charges $14 per copy…

Q: A manufacturer sells a product at $8.45 per unit, selling all produced. The fixed cost is $2300 and…

A: Sol:- Let's first calculate the profit equation: Profit = Revenue - Total Cost Revenue = Price x…

Q: A book publisher has fixed costs of $360,000 and variable costs per book of $9.00. The book sells…

A:

Optimization Models

Optimization models are mathematical models that help organizations determine the best way to allocate scarce resources to achieve specific objectives. These models can be used to solve a wide variety of problems, from finding the most efficient route for a delivery truck to determining the optimal mix of products to stock in a store.