Math Problem Statement

Solve 1-2.7,9-10

Solution

Sure, I'll solve problems 1, 2, 7, 9, and 10 from the uploaded image.

Problem 1: Profit

Given:

  • Unit selling price: $20
  • Unit cost: $15
  • Fixed costs: $600,000

Solution: Let nn be the number of units that must be sold to make a profit.

Profit occurs when total revenue > total cost: 20n>15n+600,00020n > 15n + 600,000

Simplifying: 5n>600,0005n > 600,000 n>120,000n > 120,000

Answer: The least number of units that must be sold for the company to have a profit is 120,001.

Problem 2: Profit

Given:

  • Cost of material per unit: $2.50
  • Cost of labor per unit: $4
  • Fixed cost: $5000
  • Wholesale price per unit: $7.40

Solution: Let nn be the number of units that must be sold to make a profit.

Total cost per unit = cost of material + cost of labor: Total cost per unit=2.50+4=6.50\text{Total cost per unit} = 2.50 + 4 = 6.50

Profit occurs when total revenue > total cost: 7.40n>6.50n+50007.40n > 6.50n + 5000

Simplifying: 0.90n>50000.90n > 5000 n>50000.90n > \frac{5000}{0.90} n>5555.56n > 5555.56

Answer: The least number of units that must be sold to make a profit is 5556.

Problem 7: Investment

Given:

  • Total amount to invest: $30,000
  • Annual interest rates: 5% and 6346\frac{3}{4}%
  • Minimum yield: 6.5%

Solution: Let xx be the amount invested at 5%, and yy be the amount invested at 6346\frac{3}{4}%. x+y=30,000x + y = 30,000 0.05x+0.0675y=0.065×30,0000.05x + 0.0675y = 0.065 \times 30,000

Simplifying the second equation: 0.05x+0.0675y=19500.05x + 0.0675y = 1950

From x+y=30,000x + y = 30,000: x=30,000yx = 30,000 - y

Substituting into the second equation: 0.05(30,000y)+0.0675y=19500.05(30,000 - y) + 0.0675y = 1950 15000.05y+0.0675y=19501500 - 0.05y + 0.0675y = 1950 0.0175y=4500.0175y = 450 y=4500.0175y = \frac{450}{0.0175} y=25,714.29y = 25,714.29

Therefore: x=30,00025,714.29x = 30,000 - 25,714.29 x=4285.71x = 4285.71

Answer: The company must invest $4285.71 at 5% and $25,714.29 at 6346\frac{3}{4}% to achieve the minimum yield.

Problem 9: Sales Allocation

Given:

  • Initial product units: 2500
  • Initial price: $4 per unit
  • Price increase next month: $0.50 per unit
  • Total revenue target: at least $10,750

Solution: Let nn be the number of units sold this month.

Revenue from sales this month: 4n4n

Revenue from remaining units sold next month: (2500n)(4.50)(2500 - n)(4.50)

Total revenue: 4n+(2500n)4.5010,7504n + (2500 - n)4.50 \geq 10,750

Simplifying: 4n+112504.50n10,7504n + 11250 - 4.50n \geq 10,750 0.50n+1125010,750-0.50n + 11250 \geq 10,750 0.50n500-0.50n \geq -500 n1000n \leq 1000

Answer: The maximum number of units that can be sold this month is 1000.

Problem 10: Revenue

Given:

  • Price function: p=200q+3p = \frac{200}{q} + 3
  • Revenue function: R=pq=(200q+3)qR = pq = \left( \frac{200}{q} + 3 \right)q

Solution: To find the minimum number of units qq such that revenue is no less than $9000: R9000R \geq 9000 (200q+3)q9000\left( \frac{200}{q} + 3 \right)q \geq 9000 200+3q9000200 + 3q \geq 9000 3q88003q \geq 8800 q88003q \geq \frac{8800}{3} q2933.33q \geq 2933.33

Answer: The minimum number of units that must be sold is 2934.


Would you like details or have any questions about these solutions? Here are some additional questions you might be interested in:

  1. How to solve quadratic equations?
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  4. What is the geometric interpretation of eigenvalues and eigenvectors?
  5. How do you find the inverse of a matrix?

Tip: When solving word problems, carefully define your variables and set up equations based on the relationships described in the problem. This will help in systematically solving for the unknowns.

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Math Problem Analysis

Mathematical Concepts

Profit Analysis
Investment Strategies
Sales Allocation
Revenue Functions

Formulas

Profit calculation formulas
Investment allocation formulas
Revenue calculation formulas

Theorems

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Suitable Grade Level

Advanced High School or College