SOLUTION: Your job is to track costs and revenue for the daily manufacturing process for your company’s top-selling product, toy trains. Daily production costs $9,200 plus $25 for every cas

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Your job is to track costs and revenue for the daily manufacturing process for your company’s top-selling product, toy trains. Daily production costs $9,200 plus $25 for every cas      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 1066027: Your job is to track costs and revenue for the daily manufacturing process for your company’s top-selling product, toy trains. Daily production costs $9,200 plus $25 for every case produced. Daily revenue coming in equates to $65 per case sold.
a. Determine the cost (C) and revenue (R) equations for this manufacturing process. Let x represent the number of cases produced daily.
Answer by ikleyn(52785) About Me  (Show Source):
You can put this solution on YOUR website!
.
Your job is to track costs and revenue for the daily manufacturing process for your company’s top-selling product, toy trains.
Daily production costs $9,200 plus $25 for every case produced. Daily revenue coming in equates to $65 per case sold.
a. Determine the cost (C) and revenue (R) equations for this manufacturing process.
Let x represent the number of cases produced daily.
~~~~~~~~~~~~~~~~~~~~

Daily cost C(x) = 9200 + 25x dollars.

Daily revenue R(x) = 65*x dollars.