Maurice Tutor

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About Maurice Tutor

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Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 399 Weeks Ago, 1 Day Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 16 Feb 2018 My Price 4.00

Andy Mendoza

  1. Andy Mendoza makes handcrafted dolls, which he sells at craft fairs. He is considering mass- producing the dolls to sell in stores. He estimates that the initial investment for plant and equip- ment will be $25,000, while labor, materials, packaging, and shipping will be about $10 per doll. He has determined that sales volume is related to price, according to the following linear equation:

v = 4,000 - 80 p

Develop the nonlinear profit function for Andy and determine the price that will maximize profit, the optimal volume, and the maximum profit per month.

 

 
 

Answers

Maurice Tutor
(5)
Status NEW Posted 16 Feb 2018 05:02 PM My Price 4.00

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