DSC1520 ASSIGNMENT 3
SEMESTER 2 2022
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BrightTutor
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CALCULATIONS
𝑅𝑒𝑣𝑒𝑛𝑢𝑒, 𝑇𝑅(𝑃) = 𝑑𝑒𝑚𝑎𝑛𝑑 × 𝑞𝑢𝑎𝑛𝑡𝑖𝑡𝑦
𝑇𝑅(𝑃) = 𝑄 × 𝑃
𝑇𝑅(𝑃) = (180 − 4𝑝) × 𝑝
𝑇𝑅 = 180𝑝 − 4𝑝2
𝑑
𝑀𝑅 = 𝑑𝑝 (𝑇𝑅) = 180 − 8𝑝
𝑂𝑝𝑡𝑖𝑜𝑛 𝐴
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CALCULATIONS
𝑅𝑒𝑣𝑒𝑛𝑢𝑒, 𝑅(𝑞) = 𝑑𝑒𝑚𝑎𝑛𝑑 × 𝑞𝑢𝑎𝑛𝑡𝑖𝑡𝑦
𝑅(𝑞) = 𝑃(𝑞) × 𝑞
𝑅(𝑞) = 150𝑞
𝑀𝑅(𝑞) = 𝑅 ′ (𝑞) = 150
𝑅(𝑞) 150𝑞
𝐴𝑅(𝑞) = 𝑞
= 𝑞
= 150
𝑂𝑝𝑡𝑖𝑜𝑛 𝐴
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CALCULATIONS
𝐶𝑜𝑠𝑡 = 15𝑞 + 3000
15𝑞
𝑀𝑐 =
3000𝑞
3000
𝑀𝑐 = 15 + 𝑞
𝑂𝑝𝑡𝑖𝑜𝑛 𝐶
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CALCULATIONS
300
𝐴𝐶 = 150 + 𝑞
𝑡𝑜𝑡𝑎𝑙 𝑐𝑜𝑠𝑡 (𝑇𝐶)
𝐴𝐶 = 𝑞
𝑇𝐶 = 𝐴𝐶 × 𝑞
= 150𝑞 + 300
𝑇𝐶 = 300 + 150𝑞
𝑇𝐶 = 𝐹𝐶 + 𝑉𝐶
𝐹𝐶 = 300
𝑉𝐶 = 150𝑞
𝑂𝑝𝑡𝑖𝑜𝑛 𝐴
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CALCULATIONS
𝑇𝑜𝑡𝑎𝑙 𝑐𝑜𝑠𝑡 = 19𝑞 + 1 800
𝑇𝑜𝑡𝑎𝑙 𝑅𝑒𝑣𝑒𝑛𝑢𝑒 = 34𝑞
𝑑
𝑀𝑎𝑟𝑔𝑖𝑛𝑎𝑙 𝑐𝑜𝑠𝑡 = 𝑑𝑝 (19𝑞 + 1 800) = 19
𝑑
𝑀𝑎𝑟𝑔𝑖𝑛𝑎𝑙 𝑟𝑒𝑣𝑒𝑛𝑢𝑒 = 𝑑𝑝 (34𝑞) = 34
𝑂𝑝𝑡𝑖𝑜𝑛 𝐴
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CALCULATIONS
𝑑𝑞
𝑀𝑃𝐿 = 𝑑𝑙
= 0 + 90𝑙 − 4.5𝑙 2
𝑀𝑃𝐿 = 90𝑙 − 4.5𝑙 2
𝑎𝑡 𝑙 = 15
𝑀𝑃𝐿 = 90 × 15 − 4.5 × 152
𝑀𝑃𝐿 = 337.5
𝑞 225 45𝑙 2 1.5𝑙 2
𝐴𝑃𝐿 = 𝑙
= 𝑙
+ 𝑙
− 𝑙
225
𝐴𝑃𝐿 = + 45𝑙 − 1.5𝑙 2
𝑙
𝑎𝑡 𝑙 = 15
225
𝐴𝑃𝐿 = 15
+ 45 × 15 − 1.5 × 152
𝐴𝑃𝐿 = 352.50
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𝑂𝑝𝑡𝑖𝑜𝑛 𝐴
CALCULATIONS
𝑐 = 𝑞 3 − 2𝑞 2 + 5𝑞 + 150
𝑝𝑞 = 196𝑞 − 9𝑞 2
𝑃(𝑥) = 196𝑞 − 9𝑞 2 − 𝑞 3 + 2𝑞 2 − 5𝑞 − 150
𝑃(𝑥) = 191𝑞 − 7𝑞 2 − 𝑞 3 − 150
𝑃′ (𝑥) = 191 − 14𝑞 − 3𝑞 2
𝑃′ (𝑥) = 0
−3𝑞2 − 14𝑞 + 191 = 0
Solve with quadratic formula
−(−14)±√(−14)2 −4(−3)(191)
2(−3)
7+√622 √622−7
𝑞=− 3
, 𝑞= 3
𝑂𝑝𝑡𝑖𝑜𝑛 𝐴
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CALCULATIONS
𝑇𝑅 = 𝑃 × 𝑄
= 𝑃 × (20 − 0.01𝑃)
= 20𝑝 − 0.01𝑝2
𝑂𝑝𝑡𝑖𝑜𝑛 𝐶
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CALCULATIONS
𝑄 = 300√𝑙 − 4𝑙
𝑀𝑎𝑟𝑔𝑖𝑛𝑎𝑙 𝑝𝑟𝑜𝑑𝑢𝑐𝑡
𝑑𝑄
𝑀𝑃 = 𝑑𝑙
1 150
𝑀𝑃 = 300 2 𝑙 − 4 = − 4
√ √𝑙
𝑖𝑓 𝑙 = 9, 𝑡ℎ𝑒𝑛
150
𝑀𝑃 = −4 = 46
√9
𝑂𝑝𝑡𝑖𝑜𝑛 𝐶
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CALCULATIONS
𝑃𝑟𝑜𝑓𝑖𝑡 = 𝑇𝑅 − 𝑇𝐶
𝑃𝑟𝑜𝑓𝑖𝑡 = (20𝑞 − 4𝑞 2 ) − (16 − 𝑞 2 )
𝑃𝑟𝑜𝑓𝑖𝑡 = −3𝑞2 + 20𝑞 − 16
To maximize profit we must have:
𝑑𝑝
=0
𝑑𝑞
−6𝑞 + 20 = 0
20 10
𝑄= 6
= 3
3.333 𝑢𝑛𝑖𝑡𝑠
𝑂𝑝𝑡𝑖𝑜𝑛 𝐴
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