lab 4 - MA118 Laboratory Project 4 Optimizing revenue...

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MA118 Laboratory Project 4 Optimizing revenue Suppose the monthly revenue for the BUU long distance telephone company is approximated by the function: > R(x):= - .187*x^4 + 5.687*x^3 - 58.4082*x^2 + 226.183*x - 58.77; where R(x) is measured in millions of dollars and x measured in millions of customer call minutes. Further, suppose the company is capable of controlling the number of call minutes that it's telephone network accommodates during any given month by "off-loading" calls to competitors by the simple technique of displaying a busy signal so that customers are forced to recall through a competitors network. In order to satisfy the FCC license requirements, BUU must service between 2 million and 13 million call minutes each month. As Financial Vice President for the Corporation, you must prepare a monthly budget consisting of two parts: a base budget which is built around the "absolute minimum" revenues and an incremental component
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This note was uploaded on 10/30/2008 for the course MAT 118 taught by Professor Hara during the Spring '08 term at Monmouth University-West Long Branch.

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lab 4 - MA118 Laboratory Project 4 Optimizing revenue...

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