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The O'Neill Shoe Manufacturing Company will produce a specialstyle shoe if the order
size is large enough to provide a reasonable profit. For each specialstyle order, the com
pany incurs a fixed cost of $1000 for the production setup. The variable cost is $30 per
pair, and each pair sells for $40.
a. Let
x
indicate the number of pairs of shoes produced. Develop a mathematical model
for the total cost of producing
x
pairs of shoes.
b.
Let P indicate the total profit. Develop a mathematical model for the total profit real
ized from an order for x pairs of shoes.
c.
How large must the shoe order be before O'Neill will break even?
13.
Micromedia offers computer training seminars on a variety of topics. In the seminars each
student works at a personal computer, practicing the particular activity that the instructor
is presenting. Micromedia is currently planning a twoday seminar on the use of Microsoft
Excel in statistical analysis. The projected fee for the seminar is $300 per student. The
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 Spring '09
 shakroh
 Math

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