A hotel rents 210 rooms at a rate of $ 60 per day. For each $ 2 increase in the rate, three fewer rooms are rented. Find the room rate that maximizes daily revenue.

Answers

Answer 1

Answer:

r=$14,400

The hotel should charge $120

Step-by-step explanation:

Revenue (r)= p * n

where,

p = price per item

n = number of items sold

A change in price leads to a change in number sold

A variable to measure the change in p and n needs to be introduced

Let the variable=x

Such that

p + x means a one dollar price increase

p - x means a one dollar price decrease

n + x means a one item number-sold increase

n - x means a one item number-sold decrease

for each $2 price increase (p + 2x) there are 3 fewer rooms are rented (n-3x)

know that at $60 per room, the hotel rents 210 rooms

r = (60 + 2x) * (210 - 3x)

=12,600-180x+420x-6x^2

=12,600+240x-6x^2

r=2100+40x-x^2

= -x^2 +40x+2100=0

Solve the quadratic equation

x= -b +or- √b^2-4ac / 2a

a= -1

b=40

c=2100

x= -b +or- √b^2-4ac / 2a

= -40 +or- √(40)^2 - (4)(-1)(2100) / (2)(-1)

= -40 +or- √1600-(-8400) / -2

= -40 +or- √ 1600+8400 / -2

= -40 +or- √10,000 / -2

= -40 +or- 100 / -2

x= -40+100/-2 OR -40-100/-2

=60/-2 OR -140/-2

= -30 OR 70

x=70

The quadratic equation has a maximum at x=70

p+2x

=60+2(30)

=60+60

=$120

r= (60 + 2x) * (210 - 3x)

={60+2(30)}*{(210-3(30)}

r=(60+60)*(210-90)

=120*120

=$14,400


Related Questions

in the life of a car engine, calculatedin miles, is normally distributed, with a mean of 17,000 miels and a standard deviation of 16,500 miles, what should be the guarantee period if the company wants less than 2% of the engines to fail while under warranty g

Answers

Answer:

the guarantee period should be less than 136010 miles

Step-by-step explanation:

From the given information;

Let consider Y to be the life of a car engine

with a mean μ = 170000

and a standard deviation σ = 16500

The objective is to determine what should be the guarantee period T if the company wants less than 2% of the engines to fail.

i.e

P(Y < T ) < 0.02

For the variable of z ; we have:

[tex]z = \dfrac{x - \mu }{\sigma}[/tex]

[tex]z = \dfrac{x - 170000 }{16500}[/tex]

Now;

[tex]P(Y < T ) = P( Z < \dfrac{T- 170000}{16500})[/tex]

[tex]P( Z < \dfrac{T- 170000}{16500})< 0.02[/tex]

From Z table ;

At P(Z < -2.06) ≅ 0.0197  which is close to 0.02

[tex]\dfrac{T- 170000}{16500}<- 2.06[/tex]

[tex]{T- 170000}<- 2.06({16500})[/tex]

[tex]{T- 170000}< - 33990[/tex]

[tex]{T}< - 33990+ 170000[/tex]

[tex]{T}<136010[/tex]

Thus; the guarantee period should be less than 136010 miles

Fake question: Should Wishing be a moderator? (If you could answer I'd appreciate it haha.)
Real question: Simplify [tex](z^3*z^2)-(y^4*y)[/tex]

Answers

Step-by-step explanation:

(z³*z²)-(y^4 *y) z^5 - y^5

Answer:

[tex]z^5-y^5[/tex]

Step-by-step explanation:

=> [tex](z^3*z^2)-(y^4*y)[/tex]

When bases are same, powers are to be added

=> [tex](z^{3+2})-(y^{4+1})[/tex]

=> [tex]z^5-y^5[/tex]

P.s. Yessss, Wishing should be a moderator so that he can delete all the absurd or plagiarized answer!!!!!!!!

The minimum point on the graph of the equation y = f(x) is (-1, -3). What is the minimum point
on the graph of the equation y = f(x – 5)?

Answers

Answer:

(4, -3)

Step-by-step explanation:

the equation f(x-5) is a translation of the equation f(x) by 5 units to the right.

So, if all points of the equation f(x) are shifted 5 units to the right, the minimum point of the graph is also shifted 5 units to the right, so to find the minimum point of y = f(x - 5), we just need to sum 5 units to the x-coordinate:

Minimum point = (-1 + 5, -3) = (4, -3)

So the minimum point of y = f(x - 5) is (4, -3).

The minimum point on the graph of y = f(x - 5) is (-6,3)

On the graph of the equation y = f(x);

The minimum point is given as (-1,-3)

The graph of y = f(x - 5) means that, f(x) is shifted to the right by 5 units

So, the corresponding point of (x,y) of f(x) on the graph of f(x - 5) is:

[tex](x,y) \to (x - 5,y)[/tex]

This gives

[tex](-1,-3) \to (-1 - 5,3)[/tex]

Subtract 5 from -1

[tex](-1,-3) \to (-6,3)[/tex]

Hence, the minimum point on the graph of y = f(x - 5) is (-6,3)

Read more about translation at:

https://brainly.com/question/17721227

I need help with this !!

Answers

Answer:

A

Step-by-step explanation:

When subtracting 7 on the left of the equation, he also needs to subtract 7 from the right of the equation.

Step 2 should be:

⅓X +7 -7= 15 -7

What he is trying to do here by subtracting 7 is to move all the constants, that is numbers without any variables such as x, to one side of the equation.

⅓X= 8

X= 8 ×3

X= 24

23 increased by twice Janelle's savings Use the variable j to represent Janelle's savings.

Answers

Answer:

2x+23

Step-by-step explanation:

what is the value of this expression when a = 2 and b = -3 ? a^3 - b^3 / 5

Answers

Answer:

13 2/5

Step-by-step explanation:

a = 2 and b = -3

so the question asks whats.... a^3 - b^3/5

First we plug in the values of a and b

(2)^3 - (-3)^3 /5

Now we solve the ones in paranthesis first

(2)^3 = 8 because 2×2×2 and

-(-3)^3 forget about the - outside the parenthesis so

(-3)^3 = (-27) because (-3)×(-3)×(-3)

now we put it back together

8 -(-27)/5

the two minus become plus so

8 + 27/5

Now we solve it like fractions

8 and 27/5

simplify

13 and 2/5

Hope that helps!

Mrs Tan has 2 daughters, Phoebe and Jody. The highest common factor and lowest common multiple of their ages are 3 and 168 respectively.If Phoebe is 3 years older than her sister, find her age. ​

Answers

Answer:

Phoebe's age = 24 years.

Step-by-step explanation:

Given:

Highest Common Factor and Lowest Common Multiple of the ages are 3 and 168 respectively.

Phoebe is 3 years older than Jody.

To find:

The age of Phoebe = ?

Solution:

Here, We have two numbers whose

HCF = 3 and

LCM = 168

Let the age of Phoebe = P years and

Let the age of Jody = J years

As per given statement:

[tex]P = J + 3 ...... (1)[/tex]

Let us learn about the property of LCM and HCF of two numbers.

The product of LCM and HCF of two numbers is equal to the product of the two numbers themselves.

LCM [tex]\times[/tex] HCF = P [tex]\times[/tex] J  

[tex]\Rightarrow P\times J = 3 \times 168 \\\Rightarrow P\times J = 504[/tex]

Putting the value of P from equation (1):

[tex]\Rightarrow (J+3)\times J = 504\\\Rightarrow J^2+3J-504 = 0\\\Rightarrow J^2+24J-21J-504 = 0\\\Rightarrow J(J+24) - 21(J+24) = 0\\\Rightarrow (J - 21)(J+24) = 0\\\Rightarrow J = 21, -24[/tex]

Negative value for age is not possible So, Jody's age = 21 years

Using equation (1):

Phoebe's age = 21 + 3 = 24 years.

Please answer this correctly without making mistakes

Answers

Answer:

1.2 miles

Step-by-step explanation:

5.3 - 4.1 = 1.2 miles

Answer:

1.2 miles

Step-by-step explanation:

5.3 - 4.1 = 1.2

1.2 miles difference.

This is because from Washington to Lanberry it is 4.1 miles. From Washington to Newberry it is 5.3., SO, if you subtract it you will get 1.2 miles difference.

Hope this helped,

kavitha

In a circle with a radius of 8ft an arc is intercepted by a central angle of 135 degrees. What is the length of the arc?

A: 6.28 ft
B: 9.42 ft
C: 18.84 ft
D: 28.26 ft

Answers

Greetings from Brasil...

We know that the entire length of a circle its:

C = 2πR

C = 2π8

C= 16π      circumference length

now rule of 3:

 length              º

  16π   ---------  360

     X   ---------  135

360X = 135 · 16π

X = 2160π/360

X = 6π or 18,84

(03.03)


The point R is halfway between the integers on the number line below and represents the number ____. (Use the hyphen for negative numbers and write the answer as a decimal, such as -6.4).

Answers

Answer:

Your answer is -3.5 which lies between -4 and -3.

The point R is halfway between the integers on the number line below and represents the number -3.5 .

Alex is planning to surround his pool ABCD with a single line of tiles. How many units of tile will he need to surround his pool? Round your answer to the nearest hundredth.

Answers

Answer:

18.97 units  

Step-by-step explanation:

Assume that the pool looks like the diagram below.

The pool consists of two equal right triangles.

We know that AB = CD = 3.16.

1. Find the length of the pool

AD = BC,  and we can use Pythagoras' Theorem to calculate AD.

  AB² + AD² = BD²

 3.16² + AD² = 7.07²

9.986 + AD² = 48.98

             AD² = 48.98 - 9.986 = 40.00

             AD   = 6.324

2. Find the perimeter of the pool

P = AB + BC + CD + DA =3.16 + 6.324 + 3.16 + 6.324 = 18.97

Alex will need 18.97 units of tile to surround the pool.

Alex will need 13.42 units of tile to surround his pool.

A coordinate plane with quadrilateral ABCD at A (0,3), B (2,4), C (4,0), and D (2,-1).

How to find the boundary of the pool?

To find the units  of tiles that are needed to surround the pool ABCD with a single line of tiles  is equal to the perimeter of the rectangle

Perimeter of the rectangle = 2 length+2 width

In the figure, the width is given as 2.24 units and the diagonal is 5 units.

So we can find the length using the Pythagorean theorem, which is c²=a²+b².

Now, 5²=(2.24)²+b²

b=4.47 units

Now, the perimeter of the pool will be 2 (4.47)+2 (2.24)

= 8.94 + 4.48

The perimeter of the rectangle = 13.42 units

Thus, Alex will need 13.42 units of tile to surround his pool.

To learn more about the perimeter of the rectangle visit:

https://brainly.com/question/15287805.

#SPJ5

Write 21/7 as a whole number

Answers

Answer: 3

Step-by-step explanation:

7x=21 21/7=3

20
When converting from inches to feet, the measurement in inches, m, of an object varies directly with its measurement
in feet, f, with the constant of variation being 12.
What is the equation relating these two quantities?

Answers

Answer:

[tex]m=12f[/tex]

Step-by-step explanation:

The measurement in inches =m

The measurement  in feet = f

We are told that: m varies directly with f

Written mathematically:

[tex]m\propto f[/tex]

Introducing the constant of variation, we have:

[tex]m=k f[/tex]

Given that: k=12

The equation relating these two quantities is:

[tex]m=12f[/tex]

A family paid $28,500 as a down payment for a home. If this represents 15% of the price of the home, what is the price of the home.

Answers

Answer:

.15* house price = 28,500

house price = 28,500 / .15

house price =  190,000

Step-by-step explanation:

Answer: 190,000

Step-by-step explanation:

the equation looks like this - .15x=28,500. then you divide both sides by .15 and get x=190,000

A point P has coordinates (-5, 4). What are its new coordinates after reflecting
point Pover the y-axis?
A. (-5, -4)
B. (-5, 4)
C. (5, 4)
D. (5, -4)

Answers

Answer:

C(5, 4)

Step-by-step explanation:

The rule for a reflection over the y -axis is (x,y)→(−x,y) .

Answer:

(5, 4)

Step-by-step explanation:

when you reflect off the y-axis, you switch (x,y) to (-x,y)

So

(-5, 4) --> (5, 4)

Hope this helps,

Feel free to ask more questions if I need to explain more.

volume= (can someone explain please, im not really understanding this)

Answers

Not the greatest picture; I think it's trying to be a house, an A frame with a rectangular base.

This is a prism with a side 3 equilateral triangle at the end and a length of 6.

The area of the triangle is

[tex]\Delta = \dfrac{\sqrt{3}}{4} s^2[/tex]

The volume is area times length,

[tex]V = L \Delta = \dfrac{\sqrt{3}}{4} s^2 L[/tex]

[tex]V = \dfrac{\sqrt{3}}{4} (3^2) 6 = \dfrac{27}{2} \sqrt{3}[/tex]

Answer: (27/2) √3

Help please, this is annoying lol

Answers

Answer:

Cost=x25+200

Step-by-step explanation:

The amount of people is unknown but each person the cost will be $25 for refreshments per each passenger; the limo cost $200 once you figure out how many people will go to prom x will be, EXAMPLE: x=6 times $25 plus $200 which will give you the cost.

11 Is what percent of 20?

Answers

Answer:

55%

Step-by-step explanation:

Because 11/20= 0.55

0.55=55%

URGENT!! A product of the rational expression?

Answers

Answer: A. 21/2x^2 + 4x

Explanation:

(3/x+2)(7/2x)
= 21/(x+2)(2x)
= 21/2x^2 + 4x

The container that hold the water for the football team is 1/5 full after pouring in 13 gallons of water, it is 7/10 full how many gallons can the container hold

Answers

Answer:

100% = 65 Gallons; 70% = 45.5 Gallons

Step-by-step explanation:

The important piece of information here is that 13 gallons of water makes the container 1/5 of the way full, aka 20%.  If the question is simply, how many gallons will it hold, then we multiply 13 by 5 to get 100% at 65 gallons.  To get the amount held at 7/10, or 70%, we simply multiply 65 with 7/10 to get 45.5 gallons.

Cheers.

[PLEASE HELP] in the function above, the slope of it will be multiplied by -4, and it’s y value of the y intercept will be decreased by only 1 units, which of these following graphs best represent the new function???

Answers

Answer:

Z (The one on the bottom right)

Step-by-step explanation:

You said that the y intercept goes down by 1 unit which makes only W and Z possible.

The slope is 1/2 and if you multiply that by -4 the new slope is -2 which means the change in y is -2 every time the change in x is 1. Which perfectly fits Z and if you have any questions please ask me with the comments!

50 + 100n where n = 2

Answers

Answer is 250:) hope this helps you!!

he numbers of regular season wins for 10 football teams in a given season are given below. Determine the​ range, mean,​ variance, and standard deviation of the population data set. 2​, 10​, 15​, 3​, 13​, 9​, 14​, 7​, 2​, 9 The range is nothing.

Answers

Answer:

Range = 13

Mean = 8.4

Variance= 21.24

Standard deviation= 4.61

Step-by-step explanation:

2​, 10​, 15​, 3​, 13​, 9​, 14​, 7​, 2​, 9

For the range

Let the set of data be arranged inn ascending order

Range= higehest value- lowest value

Range = 15-2

Range= 13

For the mean

Mean = (2+2+3+7+9+9+10+13+14+15)/10

Mean = 84/10

Mean = 8.4

For variance

Variance=((2-8.4)²+(2-8.4)²+(3-8.4)²+(7-8.4)²+(9-8.4)²+(9-8.4)²+(10-8.4)²+(13-8.4)²+(14-8.4)²+(15-8.4)²)/10

Variance= (40.96+40.96+29.16+1.96+0.36+0.36+2.56+21.16+31.36+43.56)/10

Variance= 212.4/10

Variance= 21.24

Standard deviation= √variance

Standard deviation= √21.24

Standard deviation= 4.609

Approximately = 4.61

The sum of two numbers is 37 and the difference is 15 . What are the numbers?

Answers

the first number is 11 and the second one is 26

Answer:

this is the answer with the working

The average score of 100 students taking a statistics final was 70 with a standard deviation of 7. Assuming a normal distribution, what is the probability that a student scored greater than 65

Answers

Answer:

50

Step-by-step explanation:

50 because of the 100 of 79 to 7

ATV sports commentator claims that 40% of all baseball
injuries are knee injuries. Assuming that this claim is true,
what is the probability that in a game with 5 reported injuries:
(use calculator)
a. None are knee injuries?
b. All are knee injuries?
c. At least three are knee injuries?
d. No more than 2 are knee injuries?

Answers

B is the answer tell me if im right

A study compared surgery and splinting for subjects suffering from carpal tunnel syndrome. It was found that among 73 patients treated with surgery,
there was a 92% success rate. Among 83 patients treated with splints, there was a 72% success rate. Calculations using those results showed that if
there really is no difference in success rates between surgery and splints, then there is about 1 chance in 1000 of getting success rates like the ones
obtained in this study. Which statement cannot be said?
The better treatment for carpal tunnel syndrome is surgery.
The result has practical significance.
The recommended treatment for carpal tunnel syndrome is splinting.
The result has statistical significance.​

Answers

Answer:

the answer is c

Step-by-step explanation:

because if the surgery has a 92% success rate and the splints have a 72% success rate then surgery would be recommended because it has a higher success rate

What is the image of the point by (-5,3) under a 270 rotation about the point (-7,-3)

Answers

Step-by-step explanation:

here, the given point is (-7,-3)

now, by the formula,

p(x,y)= p-1 (-y+a+b,x-a+b) ( p-1 is p das)

p(-5,3)= p-1 (-13,-1) is answer.

hope it helps..

Find the 5th term of the sequence defined by the give rule. f(n) = n²+ 5. A step by step explanation with answer would be greatly helpful.

Answers

Answer:

The 5th term is 30

Step-by-step explanation:

Given the formula

f(n) = n² + 5

where n is the number of terms

So from the question we were told to find the 5th term that's

n = 5

In order to find the 5th term substitute the value of n that's 5 into the rule

We have

f(5) = 5² + 5

= 25 + 5

= 30

f(5) = 30

So the 5th term of the sequence in the given rule is 30

Hope this helps you

The second drop down menu on each question includes options: decimal place(s) or significant figure(s)

Answers

Answers:

A. 1 Decimal Place 92.2B. 4 Decimal Places 1.8164

Step-by-step explanation:

I solved the problem.

I'm always happy to help :)
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