Let x be the number of computer monitors to be manufactured. The manufacturing cost, in dollars, per computer monitor is given by the function
M(x)=(60x+34000)/x
A computer store will sell the monitors by marking up the manufacturing cost per monitor, M(x) by 45%. Thus the selling price S is a function of M(x) given by the equation S[M(x)]=1.45[M(x)].
Express the selling price as a function of the number of monitors to be manufactured. So, find S ° M.
Find (S ° M)(24650). What does this represent?
M(x)=(60x+34000)/x
A computer store will sell the monitors by marking up the manufacturing cost per monitor, M(x) by 45%. Thus the selling price S is a function of M(x) given by the equation S[M(x)]=1.45[M(x)].
Express the selling price as a function of the number of monitors to be manufactured. So, find S ° M.
Find (S ° M)(24650). What does this represent?
-
Cost (M(x))= (60x+34000)/x = 60 + (34000/x)
Selling Price = S{M(x)} = 1.45 * ( 60 + (34000/x))
The question is Find S and M whereby x =24650
Solution=
S= 1.45*(60+ (34000/24650)) = 89$
M= 60 + (34000/x) = 61.38$
Profit = 89-61.38 = 27.62$
Selling Price = S{M(x)} = 1.45 * ( 60 + (34000/x))
The question is Find S and M whereby x =24650
Solution=
S= 1.45*(60+ (34000/24650)) = 89$
M= 60 + (34000/x) = 61.38$
Profit = 89-61.38 = 27.62$