Question
In: Math
A bicycle shop sells two styles of a road bike, 10-speed and 14-speed. During the month...
A bicycle shop sells two styles of a road bike, 10-speed and 14-speed. During the month of September, the management expects to sell exactly 45 road bikes. The monthly profit is given by P(x,y)=−(1/9)x^2−5y^2−(1/9)xy+10x+65y−100, where x is the number of 10-speed road bikes sold and y is the number of 14-speed road bikes sold. How many of each type should be sold to maximize the profit in September?
Solutions
milcah answered 1 year agoRelated Solutions
Tim’s Bicycle Shop sells 21-speed bicycles. For purposes of a cost-volume-profit analysis, the shop owner has...
Tim’s Bicycle Shop sells 21-speed bicycles. For purposes of a
cost-volume-profit analysis, the shop owner has divided sales into
two categories, as follows:
Product Type
Sales Price
Invoice Cost
Sales Commission
High-quality
$
1,150
$
490
$
70
Medium-quality
570
270
60
Three-quarters of the shop’s sales are medium-quality bikes. The
shop’s annual fixed expenses are $196,500. (In the following
requirements, ignore income taxes.)
Required:
Compute the unit contribution margin for each product type.
What is the shop’s sales mix?...
Greg’s Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March.
Greg’s Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the month of March. Greg's Bicycle Shop uses a periodic inventory system.
Date
Transactions
Units
Unit Cost
Total Cost
March
1
Beginning inventory
20
$
180
$
3,600
March
5
Sale ($260 each)
15
March
9
Purchase
10...
Python Programming Question Bicycle shop. A bicycle shop sells bikes and helmets. Some people already own...
Python Programming Question
Bicycle shop. A bicycle shop sells bikes and helmets.
Some people already own helmets, so on average the shop sells three
helmets for every five bicycles. Helmets cost $50 and bikes cost
$250. Write a program that prompts for the number of bikes that the
shop expects to sell over the next month and outputs the total
amount of expected revenue.
You should not be using eval() at all; use int() or float()
instead when called for.
A child rides down the road on his bike at a speed 4.3 m/s with a...
A child rides down the road on his bike at a speed 4.3 m/s with
a balloon tied to its handle bars. At a time t = 0 s, the balloon
comes untied and floats into the air. It accelerates with the
vector:
a(t) = ( -0.31 m/s2 e(-0.072093 s-1 t
) , 4.71 m/s2 - 0 m/s3 t )
[Note: The acceleration coefficient in the x-direction should be
v0? (= -0.3099 m/s2) where
v0 is the initial speed and...
You are thrown from a bicycle while riding at speed on a gravel road. Immediately you...
You are thrown from a bicycle while riding at speed on a gravel
road. Immediately you start bleeding from several places where the
gravel cut through your epidermis into your dermis and broke
numerous blood vessels.
Your body's first response to this injury is to begin
the process known as [a]. This process has three
steps.
[b]: the [e] in the tunica
media of your damaged blood vessels begins to contract,
[f] blood flow to this portion of vessel, in...
Greg’s Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the...
Greg’s Bicycle Shop has the following transactions related to
its top-selling Mongoose mountain bike for the month of
March. Greg's Bicycle Shop uses a periodic inventory system.
Date
Transactions
Units
Unit Cost
Total Cost
March
1
Beginning inventory
20
$
245
$
4,900
March
5
Sale ($390 each)
15
March
9
Purchase
10
265
2,650
March
17
Sale ($440 each)
8
March
22
Purchase
10
275
2,750
March
27
Sale ($465 each)
12
March
30
Purchase
8
295
2,360
$...
Greg’s Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the...
Greg’s Bicycle Shop has the following transactions related to
its top-selling Mongoose mountain bike for the month of
March. Greg's Bicycle Shop uses a periodic inventory system.
Date
Transactions
Units
Unit Cost
Total Cost
March
1
Beginning inventory
20
$
190
$
3,800
March
5
Sale ($280 each)
15
March
9
Purchase
10
210
2,100
March
17
Sale ($330 each)
8
March
22
Purchase
10
220
2,200
March
27
Sale ($355 each)
12
March
30
Purchase
8
240
1,920
$...
Greg’s Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the...
Greg’s Bicycle Shop has the following transactions related to
its top-selling Mongoose mountain bike for the month of
March. Greg's Bicycle Shop uses a periodic inventory system.
Date
Transactions
Units
Unit Cost
Total Cost
March
1
Beginning inventory
20
$
175
$
3,500
March
5
Sale ($250 each)
15
March
9
Purchase
10
195
1,950
March
17
Sale ($300 each)
8
March
22
Purchase
10
205
2,050
March
27
Sale ($325 each)
12
March
30
Purchase
8
225
1,800
$...
Greg’s Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the...
Greg’s Bicycle Shop has the following transactions related to
its top-selling Mongoose mountain bike for the month of
March. Greg's Bicycle Shop uses a periodic inventory system.
Date
Transactions
Units
Unit Cost
Total Cost
March
1
Beginning inventory
20
$
195
$
3,900
March
5
Sale ($290 each)
15
March
9
Purchase
10
215
2,150
March
17
Sale ($340 each)
8
March
22
Purchase
10
225
2,250
March
27
Sale ($365 each)
12
March
30
Purchase
7
245
1,715
$...
Greg’s Bicycle Shop has the following transactions related to its top-selling Mongoose mountain bike for the...
Greg’s Bicycle Shop has the following transactions related to
its top-selling Mongoose mountain bike for the month of
March. Greg's Bicycle Shop uses a periodic inventory system.
Date
Transactions
Units
Unit Cost
Total Cost
March
1
Beginning inventory
20
$
225
$
4,500
March
5
Sale ($350 each)
15
March
9
Purchase
10
245
2,450
March
17
Sale ($400 each)
8
March
22
Purchase
10
255
2,550
March
27
Sale ($425 each)
12
March
30
Purchase
7
275
1,925
$...
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- In Modern Infrastructure strategy there are 2 basic models to consider. Keep in mind choosing the...
- Thalassines Kataskeves, S.A., of Greece makes marine equipment. The company has been experiencing losses on its...
- 1.You are fixing a piece of equipment on a cruiser that requires a zinc fitting. You...
- Consider the following list of names: PEVAC, MARKOV, ZLATAREVA, ABDOLLAHZADEH, CHEN, WILLIAMS, ALBAYRAM, KURKOVSKY, ZABIHIMAVAN. Use...
- 1. What other strategies might Ethney adopt to work with the oil company men as an...
- Explain the importance of selecting the proper planning horizon in forecasting.
- Sigma Pty. Ltd. is evaluating whether to buy pieces of medical equipment each of which requires...
ADVERTISEMENT