May 30, 2018 · In this section we will give a cursory discussion of some basic applications of derivatives to the business field. We will revisit finding the maximum and/or minimum function value and we will define the marginal cost function, the average cost, the revenue function, the marginal revenue function and the marginal profit function.
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Using the data given in the problem, we must first obtain an objective function for maximizing the profit. The objective function that we chose to maximize is, 1.65R + 2.00D + 2.25H - 36450. It is the total profit for each mix minus the total cost per shipment of the nuts, since these costs were not included in the profits.
Typically, you use an IF function to perform a sequence of arbitrary tests, and you use a CASE function to search for a match to an expression. But a CASE function can always be rewritten as an IF function , although the CASE function will generally be more concise.
Oct 01, 2018 · Given the Cost Price(CP) and Selling Price(SP) of a product. The task is to Calculate the Profit or Loss. Examples: Input: CP = 1500, SP = 2000 Output: 500 Profit Input: CP = 3125, SP = 1125 Output: 2000 Loss
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function that was last used in the space where the cell address normally shows. 2. Either click on the function name (if it is the one you want to use), or click on the
The proportion of time that an industrial robot is in operation during a 40-hour week is a random variable with probability density function . Find the expected value and variance of Y. (15) If the profit for a week is given by X = 200Y – 60, find E(X) and V(X). 9a) Is the distribution function at the right for a discrete or