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The O`Neill Shoe Manufacturing Company will produce a special-style shoe if the order size is large enough to provide a reasonable profit. For each...


The O`Neill Shoe Manufacturing Company will produce a special-style shoe if the order size is large enough to provide a reasonable profit. For each special-style order, the company incurs a fixed cost of $1000 for the production setup. The variable cost is $30per pair, and each pair sells for $40

1)Let x indicate the number of pair of shoes produced. Develop a mathematical model for the total cost of producing x pairs of shoes.
The O`Neill Shoe Manufacturing Company will produce a special-style shoe if the order size is large enough to provide a reasonable profit. For each special-style order, the company incurs a fixed cost of $1000 for the production setup. The variable cost is $30per pair, and each pair sells for $40 Let x indicate the number of pair of shoes produced. Develop a mathematical model for the total cost of producing x pairs of shoes. Let P indicate the total profit. Develop a mathematical model for the total profit realized from an order for x pairs of shoes. What is the breakeven point?
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