Question

In a cheese factory, one pie costs 3800 denars. The fixed ones costs are 1,200,000 denars, and variable costs are 2,500 denars per pie. To encounter: a) income functions. profit and costs; b) the break-even point and profit and loss intervals.

197

likes
987 views

Answer to a math question In a cheese factory, one pie costs 3800 denars. The fixed ones costs are 1,200,000 denars, and variable costs are 2,500 denars per pie. To encounter: a) income functions. profit and costs; b) the break-even point and profit and loss intervals.

Expert avatar
Eliseo
4.6
106 Answers
a) To find the income function, we can use the formula:
Income = Price per pie * Number of pies sold

In this case, the price per pie is 3800 denars. Let's denote the number of pies sold as 'x'. Therefore, the income function is:
Income = 3800x

To find the profit function, we need to subtract the total cost from the income. The total cost includes both fixed costs and variable costs. The fixed costs are 1,200,000 denars and the variable cost per pie is 2500 denars. So, the total cost function is:
Total Cost = Fixed Costs + Variable Cost per pie * Number of pies sold
Total Cost = 1,200,000 + 2500x

Now, we can find the profit function:
Profit = Income - Total Cost
Profit = 3800x - (1,200,000 + 2500x)
Simplifying this equation, we get:
Profit = 3800x - 1200000 - 2500x
Profit = 1300x - 1200000

b) The break-even point is the point where the profit is zero. To find the break-even point, we set the profit function equal to zero and solve for 'x':
1300x - 1200000 = 0
1300x = 1200000
x = 1200000/1300
x ≈ 923.08

Therefore, the break-even point is approximately 923.08 pies.

To find the profit and loss intervals, we need to analyze the profit function. If the profit is positive, it indicates a profit. If the profit is negative, it indicates a loss. If the profit is zero, it indicates the break-even point.

Let's consider two cases:
1. When x < 923.08 (before the break-even point):
Plugging in numbers less than 923.08 into the profit function, we will get a negative value. This indicates a loss.

2. When x > 923.08 (after the break-even point):
Plugging in numbers greater than 923.08 into the profit function, we will get a positive value. This indicates a profit.

Answer:
a) The income function is Income = 3800x
The profit function is Profit = 1300x - 1200000
The total cost function is Total Cost = 1,200,000 + 2500x

b) The break-even point is approximately 923.08 pies.
Before the break-even point, there is a loss.
After the break-even point, there is a profit.

Frequently asked questions (FAQs)
What is the probability of obtaining exactly 3 heads in 5 coin flips, assuming a fair coin?
+
Math question: What is 3/4 of 200?
+
What is the limit of (ln(x)-1)/(x-1) as x approaches 1?
+
New questions in Mathematics
The gross domestic product the gdp for the United States in 2017 was approximately $2.05x10^3. If you wrote this number in standard notation , it would be 205 followed by how many zeros
3x+2/2x-1 + 3+x/2x-1 - 3x-2/2x-1
2.5 / 21.85
"If three wolves catch three rabbits in three hours, how many wolves would it take to catch a hundred rabbits in a hundred hours?" The answer is the number of response units.
To celebrate the five-year anniversary of a consultancy specializing in information technology, the administrator decided to draw 3 different qualification courses among its 10 employees. Considering that the same employee cannot be drawn more than once, the total number of different ways of drawing among employees is:
2.3/-71.32
7/6-(-1/9)
Identify a pattern in the list of numbers.Then use this pattern to find the next number. 37,31,25,19,13
In a store, a person carries 14 kilos of rice and 28 kilos of flour. In what ratio are the kilos found? (Remember to simplify until you reach an irreducible fraction)
There were no defectives in a sample of 1 light bulb does this sample provide sufficient evidence that in the warehouse with millions of light bulbs fewer than 10% are defective?
(24, -7) is on the terminal arm of an angle in standard position. Determine the exact values of the primary trigonometric functions.
The Humane Society has asked for our help again this week. Currently they are charging $50 for an adoption fee. Unfortunately they just pulled this number out of the air and do not know why they are charging this amount. They would like to charge an amount that covers all the adoption costs – both the variable costs for adoptions as well as the fixed cost for the kennel portion of the Humane Shelter operations. We can help them by doing a breakeven analysis. During a client meeting we gathered these facts. There are 2 part-time employees that each earn $1000 per month. The utilities for the kennel area (water, electricity) are $200 per month. The average food cost for animals in the kennel is $800 per month. In addition, each animal that is adopted receives a rabies vaccination that costs $4 and is micro-chipped that costs $6. At the current cost of $50, how many animals must be adopted to break-even? What would break-even be at a $60 adoption fee? What would break-even be if the fee were lowered to $40? The newspaper has suggested that the Humane Society advertise to increase pet adoptions. The package that they have recommended costs $1000 for a very small ad run every day for a month. If the Humane Society does this extra advertising, how will it affect breakeven? Based on what you have learned about elasticity, what price do you recommend for the adoption fee?
(6²-14)÷11•(-3)
A company dedicated to the manufacture of shirts sells the units at a price of $40, the cost of each shirt is $24, a commission is paid for the sale of a unit of shirt of $2 and its fixed costs are $3500 Determine the marginal contribution
2x-5-x+2=5x-11
00 piece jigsaw puzzle. the completed puzzle is 10x10. each piech connects to at least 2 other pieces. i plan to assemble by taking pieces out of box one by one. if i've already taken out 2 pieces that dont directly connect, what is the minimum number of additional pieces that i need to draw to in order to guarentee that the original 2 pieces connect?
Identify the slope and y intercept y=11+2/3x
It costs a manufacturer $2,500 to purchase the tools to manufacture a certain homemade item. If the cost for materials and labor is 60¢ per item produced, and if the manufacturer can sell each item for 90¢, find how many items must he produce and sell to make a profit of $2000?
The domain of the function f(x)=x+7x2−144 is (−∞,), ( ,), and ( , ∞).
To apply a diagnostic test, in how many ways can 14 students be chosen out of 25? if the order does not matter