document.write( "Question 650287: A company sells running shoes to dealers at a rate of $30 per pair if fewer than 65 pairs are ordered. If a dealer orders 65 or more pairs (up to 600), the price per pair is reduced at a rate of 4 cents times the number ordered. What size order will produce the maximum amount of money for the company? \n" ); document.write( "
Algebra.Com's Answer #407359 by MathTherapy(10552)![]() ![]() You can put this solution on YOUR website! A company sells running shoes to dealers at a rate of $30 per pair if fewer than 65 pairs are ordered. If a dealer orders 65 or more pairs (up to 600), the price per pair is reduced at a rate of 4 cents times the number ordered. What size order will produce the maximum amount of money for the company?\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Let amount of pairs of shoes to be sold, be x, and revenue, R(x) \n" ); document.write( "Then: R(x) = 30x, if r < 65 \n" ); document.write( "R(x) = x(30 - .04x), or \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Maximum amount of shoes it needs to sell to realize maximum revenue: \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "With maximum amount of pairs to be sold to realize maximum revenue being 375, maximum revenue will occur at:\r \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "R(375) = 11,250 – 5,625\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "R(375), or maximum revenue for 375 pairs being sold = $ \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Send comments and “thank-yous” to “D” at MathMadEzy@aol.com \n" ); document.write( " |