Homework SourseD 16000 12P D annual demand o a product in units P selli
D = 16000 - 12P
D = annual demand o a product in units
P = selling price in dollars per unit
P must be between $800 per unit and $980 per unit
Unit variable cost C is $550 per unit and he fixed cost is $700,000 per year
Derive the mathematical expression for the yearly profit as a nonlinear function of P. You must show your steps
D = 16000 - 12P
D = annual demand o a product in units
P = selling price in dollars per unit
P must be between $800 per unit and $980 per unit
Unit variable cost C is $550 per unit and he fixed cost is $700,000 per year
Derive the mathematical expression for the yearly profit as a nonlinear function of P. You must show your steps
D = annual demand o a product in units
P = selling price in dollars per unit
P must be between $800 per unit and $980 per unit
Unit variable cost C is $550 per unit and he fixed cost is $700,000 per year
Derive the mathematical expression for the yearly profit as a nonlinear function of P. You must show your steps
Solution
