Actual price of postage today is 46 cents for the first ounc
Actual price of postage today, is 46 cents for the first ounce and 20 cents for each additonal ounce.
A. Construct a linear model which can be used to estimate cost of postage.
B. Use your model to estimate the postage of a package which weighs 250 grams.
C. If you are willing to spend no more than three dollars on postage for a package, what is the most a package weigh that you could send on budget?
Solution
Ist ounce --46 cents
subsequent --20 cent
Let x be the no. additional ounce of postage
A) So, Cost of postage : C(x) = 46 +20x
B) C(x) = 250gm = 8.81 ounce
So, C(x) = 46 +20*8.81 = 222.2 cents
C) C(x) <=300 cents
So, 300>= 46 +20x
20x =< 254
x <= 12.7 ounce
