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- Marginal Profit Yaster Breakfast Supplies is planning to manufacture and market a new toaster. After conducting extensive market surveys, the research department provides the following estimates: • a weekly demand of 313 at a price of $13 per toaster • a weekly demand of 202 at a price of $17 per toaster The financial department estimates that weekly fixed costs will be $1,379 and variable costs (cost per unit) will be $4. Assume: • the relationship between price and demand is linear the cost function in linear Use your models to predict the marginal profit when Yaster is producing and selling 261 toasters per week. Round to the nearest cent. $ per toasterThe Rainwater Brewery produces beer. The annual fixed cost is $150,000, and the variable cost perbarrel is $16. Price is related to demand according to the following linear equation.v -75,000 1,153.8pDevelop the nonlinear profit function for the brewery and determine the price that will max-imize profit, the optimal volume, and the maximum profit per year.Home - Netflix C T connect Rachel Rachel https://newconnect.mheducation.com Pricing Fundamentals ADIVISIV LIVIN MI consider in addition to PRODUCTION COST that affects PRICE. There is one other COMPETITOR focused on the OUTDOOR ENTHUSIAST market, so this COMPETITOR will be directly challenging your efforts. In addition, your MARGIN PER UNIT must cover another set of important but potentially large costs. To investigate these additional costs, click on the other tabs in the top navigational bar and explore further. What are the major elements of those other costs? Channels and Segmentation Channels and Advertising Advertising and Segmentation Cos F M Distr ODIO H
- Sampson Ltd produces two products that can be produced on either of two machines. Each month, only 5o0 hours of time are available on each machine. The time required to produce each item by hour and machine is: Machine Machine Product 1 Product 2 3 4 Month Month 1 Month 2 Month 1 Demand Demand Price Price Product 1 100 160 $45 $65 $10 Product 2 120 110 $35 The demand and price point for each product that customers are willing to pay are above. The company goal is to maximize revenue from sales from the next two months. Based on the provided information, how many constraints does this problem have excluding the non-negativity constraints?Pixie Arts and Graphics, a medium scale printing press business has determined the equation that describes the relationship of the price and demand of one of its products as Price=150 - 0.01•D (D as Demand per unit) for an annual printing of this product. The fixed costs annually = P50,000 and the variable cost = P40 per unit. Requirement: a. What is the maximum profit that can be earned? b. What is the unit price at this point of optimal demand if demand is not to be anticipated to exceed more than 6,000 units annually? Hint: Profit (loss) = total revenue – total costs = (aD – bD²) – (Cf + CyD)PLEASE ANSWER THE FOLLOWING ASAP! THANK YOU!NOTE: DO NOT ANSWER ITEM NUMBER 1. PROCEED TO NUMBER 2 TO 5 1. After determining the total product cost of P100.00 per unit, Mr. Abecee the owner, decided to set mark-up of 15% on cost of his product. Determine the final retail price per unit of product. Show your solution.2. What is the pricing strategy used by Mr. Abecee? Briefly explain this pricing strategy. 3. How many units must be sold for Mr. Abecee to Break-even if Fixed Cost isPhp 100,000, Unit Selling Price is Php10.00 and Unit Variable cost is Php.5.00. 4. Differentiate geographical pricing from psychological pricing. 5. If you are to put -up a small start-up business with a starting capital of P50,000 ...a) What business will it be? andb) What will be your best pricing strategy? Justify.
- Tennis Products, Inc., produces three models of high-quality tennis rackets. The following table contains recent information on the sales, costs, and profitability of the three models: Average Quantity Current Total Variable Cost Contribution Margin Contribution Sold Price Revenue Per Unit Per Unit Margin* Model (Units/Month) ($) ($) ($) ($) ($) 15,000 30 450,000 15.00 15 225,000 В 5,000 35 175,000 18.00 17 85,000 10,000 45 450,000 20.00 25 250,000 Total $1,075,000 $560,000 *Contribution to fixed costs and profits. The company is considering lowering the price of Model A to $27 in an effort to increase the number of units sold. Based on the results of price changes that have been instituted in the past, Tennis Products' chief economist estimates the arc price elasticity of demand to be -2.5. Furthermore, she estimates the arc cross elasticity of demand between Model A and Model B to be approximately 0.5 and between Model A and Model to be approximately 0.2. Variable costs per unit are…Purpoll Oven operates a bakery in Quezon City. Due to its delicious products andstrategic location, there is a 25% increase in their demand last year. However, their customershave not been able to buy the bread of their choice. Meanwhile, additional ovens can’t be addedto the facility due to its size. During the kaizen meeting, a staff suggested a different process toload the oven, making the process more efficient. This process will require manual loading ofbread into the oven, hence additional labor is needed. This is the only this to be changed.Assuming every employee works 192 (24 days per month, 8 hours per day) hours per monthand the bakery makes 2,000 bread per month with a labor productivity of 3.472 bread permanhour, how many workers will the bakery need to add?AVX makes and sells a single product Z. The selling price and marginal revenue equations for product Z are as follows: Selling price- 230o-0.025x Marginal revenue - 230-0.05x The variable costs are E40 per unit and the fixed costs are £135,000. If the selling price was set to maximise revenue, calculate the resulting profit. Please type your answer (including your workings) in the box below. Please use the arrow keys on your keyboard to scroll up and down within the text box (as using the mouse may not work).
- 1. ThedemandfunctionforagoodisgivenbytheequationP=a−bQwhilethetotalcost function is TC = dQ2 + eQ + f, where a, b, d, e and f are positive constants. (a) Derive the equation for profit.(b) Derive an expression for the value of Q for which profit is maximised.II. Giant Screen TV, Inc Giant Screen TV, Inc., is a San Diego-based importer and distributor of 60-inch screen, high-resolution televisions for individual and commercial customers. Revenue and cost relations are as follows: TR = $1,800Q - $0.006Q² TC = $12,100,000+ $800Q + $0.004Q²Which aspect of a digital platform, such as TikTok, would lead to the expectation of lost profits if revenue dropped? Multiple choice question. Unknown marginal costs for adding or subtracting users High marginal costs for adding or subtracting users Low marginal costs for adding or subtracting users Unpredictable marginal costs for adding or subtracting users