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Concept explainers
Manufacturing. SoundGen, Inc., plans to manufacture a new type of cell phone. The fixed costs are $45,000, and the variable costs are estimated to be $40 per unit. The revenue from each cell phone is to be $130. Find the following.
The total cost
The total revenue
from the sale of x cell phones
The total profit
The profit or loss from the production and sale of 3000 cell phone; of 400 cell phones
The break-even-point
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Chapter 8 Solutions
Elementary and Intermediate Algebra
- The manufacturer of a weight training bench spends $120 to build each bench and sells them for $170. The manufacturer also has fixed costs each month of $150,000. (a) Find the cost function C when x benches are manufactured. (b) Find the revenue function R when x benches are sold. (c) Show the break-even point by graphing both the Revenue and Cost functions on the same grid. (d) Find the break-even point. Interpret what the break-even point means.arrow_forwardThe manufacturer of a water bottle spends $5 to build each bottle and sells them for $10. The manufacturer also has fixed costs each month of $6500. (a) Find the cost function C when x bottles are manufactured. (b) Find the revenue function R when x bottles are sold. (c) Show the break-even point by graphing both the Revenue and Cost functions on the same grid. (d) Find the break-even point. Interpret what the break-even point means.arrow_forwardAn outpatient operating room charges each patient a fixed amount per surgery plus an amount per minute for use. One patient was charged 250 for a 30-minute surgery and another patient was charged 450 for a 90-minute surgery. Determine the linear function that would be used to compute the charges. Use the function to determine the charge when a patient has a 45-minute surgery.arrow_forward
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