Solution) A small manufacturer produces parts for the aircraft industry . For a particular part, the fixed cos


Question: A small manufacturer produces parts for the aircraft industry . For a particular part, the fixed costs which includes setting up the machines are $17500. The material and labor costs are $25.50 per part. The owners of the factory charge $50.75 for each part. Suppose \[x\] denotes the number of brochures produced and sold. Find the following.

a) A linear function which calculates the cost of producing \[x\] parts. (7 points)

b) A linear function which calculates the revenue realized from the sale of \[x\] parts. (7 points)

c) Use a) and b) to find the linear profit function for this product. (7 points)

d) What is the profit or loss realized from the sale of 750 parts? (5 points)

e) What is the break-even point for this product? (7 points)

f) Suppose an aircraft manufacturer wants a discount on an order of 765 parts. What must the part manufacturer charge at a minimum to break even on an order of 765 parts? (7 points)

Price: $2.99
Solution: The solution consists of 2 pages
Deliverables: Word Document

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