QSRP_Quiz2_Solutions

QSRP_Quiz2_Solutions - QSRP Quiz 2 Solution Name : Date:...

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QSRP Quiz 2 Solution Name : Date: 5 th August, 2008 You may consult your class notes and the book only (i.e. no collaboration among peer students) , and you may also use a calculator if you wish. Please show all of your work . Answers without justification will not receive credit. The purpose of this test is to tell you on which skills, if any, you need to improve. Question 1: Lewi’s Theater has just received a copy of the new release “Unilateral”, and there are 1200 people lined up outside of the theater to watch it. A ticket costs $9, and the projection room fits up to 250 people at a time. The copyright agreement signed by Lewi last week says that the theater has to pay $22.5 every time the movie is shown. Lewi is not sure about how many people he should let in at a time but he knows that, every time x people get in, one third of them buy the popcorn combo for $6. Moreover, the estimated cleanup costs after a movie session with x people are $ 0.001x 2 . Assuming this is a 2-hour movie, and only those 1200 people will watch it, answer the
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QSRP_Quiz2_Solutions - QSRP Quiz 2 Solution Name : Date:...

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