we found that the marketing research department for the company that manufactures and sells money chips...

we found that the marketing research department for the company that manufactures and sells money chips for microcomputers establish the following price to man in revenue functions PX equals 80 minus 3X price the main function

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Colby Messinger answered 6 months ago

3. The marketing research department for a company that manufacturers and sells notebook computers established the...

3. The marketing research department for a company that manufacturers and sells notebook computers established the following revenue and cost functions: R(x) = x(2000 – 60x) C(x) = 4000 + 500x, where x is thousands of computers, and R(x) and C(x) are in thousands of dollars. Both functions have the domain 1 ≤ x ≤ 25. (1) Form a profit function P, and graph R, C, and P in the same rectangular coordinate system. (2) Discuss the relationship between the...

Suppose that your marketing research department has found that the consumer (retail) demand for your product...

Suppose that your marketing research department has found that the consumer (retail) demand for your product is: Q=140−P, where Q is the quantity demanded and P is the price. This demand function can be solved for the inverse demand–that is, the price as a function of the quantity demanded: P=140−Q. Your marginal cost of production and average total cost of production are constant and equal to $75 per unit. The marginal cost of distribution and average total cost of distribution...

Iron Forge manufactures and sells a cast iron garden chair. The marketing department prepared the following...

Iron Forge manufactures and sells a cast iron garden chair. The marketing department prepared the following quarterly sales forecast. January 250 units February 300 units March 350 units Total 900 units The company tries to maintain 15% of the next month's forecasted sales in finished chairs inventory. January's beginning inventory to finished chair was 38 units. April and May sales are expected to be 400 chairs each month. Each chair requires 4 composite feet which are purchased from a vendor....

You are the CEO of Marketing Research Ltd, a company that conducts marketing research for all...

You are the CEO of Marketing Research Ltd, a company that conducts marketing research for all types of organisations. Following is a marketing research scenario that you are required to address. Your task is to create a report on the problem and the proposed solution to Martin Scoon. Martin Scoon, the owner of Scoon Beverages, was mulling the launch of a new product for which he needed to find the pulse of consumers to decide further. He designed a survey...

The financial department of a company that produces memory chips for microcomputers arrived at the following...

The financial department of a company that produces memory chips for microcomputers arrived at the following price-demand function and the corresponding revenue function: p(x) = 75 – 3x price-demand R(x) = x ? p(x) = x(75 – 3x) revenue function Where p(x) is the wholesale price in dollars at which x million chips can be sold and R(x) is in millions of dollars. Both functions have domain 0 ? x ? 20. They also found the cost function to be...

Instructions Salty Sensations Snacks Company manufactures three types of snack foods: tortilla chips, potato chips, and...

Instructions Salty Sensations Snacks Company manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has budgeted the following costs for the upcoming period: 1 Factory depreciation $31,023.00 2 Indirect labor 77,557.00 3 Factory electricity 7,756.00 4 Indirect materials 35,056.00 5 Selling expenses 23,100.00 6 Administrative expenses 19,400.00 7 Total costs $193,892.00 Factory overhead is allocated to the three products on the basis of processing hours. The products had the following production budget and processing hours...

Salty Sensations Snacks Company manufactures three types of snack foods: tortilla chips, potato chips, and pretzels....

Salty Sensations Snacks Company manufactures three types of snack foods: tortilla chips, potato chips, and pretzels. The company has budgeted the following costs for the upcoming period: 1 Factory depreciation $30,986.00 2 Indirect labor 77,464.00 3 Factory electricity 7,746.00 4 Indirect materials 33,864.00 5 Selling expenses 25,300.00 6 Administrative expenses 18,300.00 7 Total costs $193,660.00 Factory overhead is allocated to the three products on the basis of processing hours. The products had the following production budget and processing hours per...

I'm doing this research paper marketing plan and we chose Buffalo Wild Wings. Marketing Organization for...

I'm doing this research paper marketing plan and we chose Buffalo Wild Wings. Marketing Organization for buffalo wild wings? need big help with it, please.

The Rinadale Company manufactures and sells very high-quality men’s business suits to major department store chains....

The Rinadale Company manufactures and sells very high-quality men’s business suits to major department store chains. To stimulate sales, Rinadale Company offered all new first-time customers a special deal. New customers could purchase up to $100,000 of suits using an open credit line. If the purchaser continues to make timely payments on any subsequent purchases, Rinadale Company defers the original purchase payment due date. If the purchaser fails to make additional purchases within sixty days or timely payments, the amount...

The research team in your marketing department has some preliminary results for the upcoming launch of...

The research team in your marketing department has some preliminary results for the upcoming launch of your new product. They believe that there is a 90% chance that the launch of your new product will be successful if the state of the economy is in good health. Conversely, they believe that there is only a 30% chance that the launch will be successful if the economy is not in good health. Past indicators suggest that the probability that the economy...

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