A hotel rents 240 240 rooms at a rate of $ 40 $40 per day. For each $ 2 $2 increase in the rate, four fewer rooms are rented. Find the room rate that maximizes daily revenue. The rate that maximizes revenue is $

Answers

Answer 1

Answer:

The daily rate that maximizes the revenue is $40 and the maximum revenue is $9600

Step-by-step explanation:

Given

[tex]Rooms = 240[/tex]

[tex]Price= \$40[/tex]

[tex]Increment = \$2[/tex]

First, we calculate the revenue.

[tex]Revenue (r) = Price (p) * Number\ of\ Rooms(n)[/tex]

[tex]r = p*n[/tex]

Let x be the change in rate.

i.e.

For every 2x increment in price (p) i.e. p + 2x

There will be 4 fewer rooms (n) i.e. n - 4x

So, the revenue is updated as:

[tex]r = (p + 2x) * (n - 4x)[/tex]

[tex]Price = 40[/tex]

So:

[tex]r = (40 + 2x) * (n - 4x)[/tex]

[tex]Rooms = 240[/tex]

So:

[tex]r = (40 + 2x) * (240 - 4x)[/tex]

Expand

[tex]r = 40 * 240 - 40 * 4x + 2x * 240 - 2x*4x[/tex]

[tex]r = 9600 - 160x + 480x - 8x^2[/tex]

Reorder

[tex]r = -8x^2 - 160x + 480x + 9600[/tex]

[tex]r = -8x^2 +320x + 9600[/tex]

The maximum of a function is calculated as:

[tex]Max = -\frac{b}{2a}[/tex]

In: [tex]r = -8x^2 +320x + 9600[/tex]

[tex]a = -8[/tex]   [tex]b = 320[/tex]    [tex]c = 9600[/tex]

So:

[tex]Max = -\frac{b}{2a}[/tex]

[tex]Max = -\frac{320}{-8}[/tex]

[tex]Max = \frac{320}{8}[/tex]

[tex]Max = 40[/tex]

To get the maximum revenue;

Substitute 40 for x in [tex]r = -8x^2 +320x + 9600[/tex]

[tex]r = -8(40)^2 + 320 * 40 + 9600[/tex]

[tex]r = 9600[/tex]

The daily rate that maximizes the revenue is $40 and the maximum revenue is $9600


Related Questions

Sam does 11 jumping jacks in 8 seconds. If he does the jumping jacks at a constant rate, how many jumping jacks can he do in 20 seconds?

Answers

Answer:

baila como juana la cubana

Step-by-step explanation:

Sam can do about 35 jumping jacks in 20 seconds.

pls help i give brainliest if u answer early and good

Answers

Answer:

1 - BC = 5

2 - 174 (I think, im pretty sure tho)

3- 107

Step-by-step explanation:

Lets be real chief, you aren't here to learn. Ur taking test

Also, I got those numbers based on the images. The pic was kind of blurry

please answer correctly!!

Answers

Answer:

Undefined

Step-by-step explanation:

y = 0
y = 4 and y = 0 are parallel
they both go across the y axis in a straight line and will never touch

I don't know these some one help?

Answers

Answer:

I hope that's help you.

m = -7

t = 2

n = 10

THIS ONE PLEASE IM STUMPED

Answers

It’s C intersecting lines

i need help with this badddddddddd

Answers

Answer:

She forgot to add the zero when she multiplied 27 x 50

Step-by-step explanation:

If you need one ask me I can try my best to explain

help i’ll give brainiest thing !

Answers

Answer:

Yes, it is enough

[tex]y = -3x + 16[/tex]

Step-by-step explanation:

Given

[tex]Point = (6, -2)[/tex]

[tex]m = -3[/tex]

Required

Is the given info enough to find the equation?

Yes, it is enough and the proof is as follows:

And equation is solved using:

[tex]y - y_1 = m(x - x_1)[/tex]

Where

[tex](x_1,y_1) = (6,-2)[/tex]

[tex]m = -3[/tex]

Substitute these values in [tex]y - y_1 = m(x - x_1)[/tex]

[tex]y - (-2) = -3(x - 6)[/tex]

[tex]y +2 = -3(x - 6)[/tex]

Open bracket

[tex]y +2 = -3x + 18[/tex]

Make y the subject

[tex]y = -3x + 18-2[/tex]

[tex]y = -3x + 16[/tex]

From the above, one can see that the given info is enough

2/9 divided by 4????

Answers

Answer:

2/36 or simplfyed is 1/18

Step-by-step explanation:

Answer:

2/9 ÷ 4 = 2/36

Step-by-step explanation:

2/9 & 4

2/9÷4=?

2/9×1/4

=2/36

So 2/36 is equivalent fraction for 2/9 divided by 4

is 12,43 a solution of y =3x+7

Answers

Answer:

Yes it is

Step-by-step explanation:

In a group of 100 students, 40 like Computer Science (group A), 30 like Philosophy
(group B), and 20 like both (group A∩B). If a student chosen randomly likes Computer
Science, what is the probability that they also like Philosophy?

Answers

Given:

Total number of student = 40

Students who like Computer Science (group A) = 40

Students who like Philosophy (group B) = 30

Students who like both (group A∩B) = 20

To find:

If a student chosen randomly likes Computer  Science, what is the probability that they also like Philosophy?

Solution:

Let the following events,

A: Student like Computer Science

B: Student like Philosophy

Now,

[tex]P(A)=\dfrac{40}{100}=0.4[/tex]

[tex]P(B)=\dfrac{30}{100}=0.3[/tex]

[tex]P(A\cap B)=\dfrac{20}{100}=0.2[/tex]

We need to find the probability that the student like Philosophy if it is given that he likes Computer science, i.e, [tex]P(\dfrac{B}{A})[/tex].

Using conditional probability, we get

[tex]P(\dfrac{B}{A})=\dfrac{P(A\cap B)}{P(A)}[/tex]

[tex]P(\dfrac{B}{A})=\dfrac{0.2}{0.4}[/tex]

[tex]P(\dfrac{B}{A})=\dfrac{1}{2}[/tex]

[tex]P(\dfrac{B}{A})=0.5[/tex]

Therefore, the required probability is 0.5.

-3 3/4+ 1/2 please help

Answers

Answer:

-3.25 or -3 1/4

Step-by-step explanation:

-3.75

+ .5

_______

5.734 rounded to the nearest whole number

Answers

Answer:

6

Step-by-step explanation:

anything over 5 you round up.

7 is greater than 5 so you round up to 6

Answer: 5

Step-by-step explanation:

If the number is 5 or more, you round it up.

It the number is 4 or less, you leave it alone.

Using this process, we eliminate the numbers .734

We get the number 5 as our answer.

Mai earns $7 per hour mowing her neighbor’s lawns. She also earned $14 for hauling away bags of recyclables for some neighbors. Priya babysits her neighbor’s children. She earns $8.40 per hour. Priya and Mai have agreed to go to the movies the weekend after they have earned the same amount of money for the same number of hours. How many hours do they have to work before they can go to the movies? How much will they have earned.

Answers

Answer:

5 hours for priya   4 of yard mowing and 1 bag moving and they will both earn 42 dollars

Step-by-step explanation:

Help plsssssssssss number 3

Answers

Answer:

a

Step-by-step explanation:

Answer:

A

Step-by-step explanation:

Think of a car. when you are going 15 miles an hour that means that every hour, you are crossing 15 miles. In this situation the dolphin is going 25 km for every hour. one hour would be 25, two hours would be 50 and so on.

find the value of this expression if x=1 and y=4

xy^2/7

Answers

xy^2/7 = (1)(4)^2/7 = 4^2/7 = 7 square root 4^2 = 7 square root 16 = 7 square root 4

Answer:

2 2/7

Step-by-step explanation:

What we know:

x = 1, and y = 4

The equation is xy^2/7

1(4)^2/7

4^2/7

16/7 = 2 2/7

Bob's average golf score at his local course is 93.6 from a random sample of 34 rounds of golf. Assume that the population standard deviation for his golf score is 4.2. The 90% confidence interval around this sample mean is:_______.
a. (92.4, 94.8).
b. (89.0, 98.3).
c. (90.5, 96.7).
d. (93.2, 94.0).

Answers

Answer:

a. (92.4, 94.8)

Step-by-step explanation:

Given that:

Mean (m) = 93.6

Standard deviation (σ) = 4.2

Sample size (n) = 34

α = 90%

Confidence interval around sample mean :

Mean ± Zstatistic * s/√n

Z0.90 = 1.645 (Z probability calculator)

s / √n = 4.2 / √34 = 0.7202940

Lower limit = 93.6 - (1.645 * 0.7202940) = 92.41511637 = 92.4

Upper limit = 93.6 + (1.645 * 0.7202940) = 94.78488363 = 94.8

Name a point on this line.

y - 8 = -7(x + 1)

Question 4 options:

(-1, 8)


(-8, 1)


(8, -1)


(1, -8)

Answers

Answer: y - 8 = -7(x + y - 8 = -7(x + y - 8 = -7(x + y - 8 = -7(x + y - 8 = -7(x + y - 8 = -7(x + y - 8 = -7(x + y - 8 = -7(x + y - 8 = -7(x + y - 8 = -7(x + y - 8 = -7(x + y - 8 = -7(x + y - 8 = -7(x + y - 8 = -7(x + y - 8 = -7(x + y - 8 = -7(x + y - 8 = -7(x + y - 8 = -7(x + y - 8 = -7(x +

Step-by-step explanation: 8, -1)

What is the slop of the line that contains the points (0,1)and(-2,-9).write your answer as a friction in simplest from (hint:2/1 should be simplified to 2

Answers

Answer:

5

Step-by-step explanation:

To find the slope we will use the slope formula:

[tex]slope = \frac{y2 - y1}{x2 - x1}[/tex]

They give us the points of (0,1) and (-2,-9) in the equation. Let's label each thing to fit the equation:

y2 = -9

y1 = 1

x2 = -2

x1 = 0

Now, plug it all in to the equation:

[tex]\frac{-9-1}{-2-0} = \frac{-10}{-2} = 5[/tex]

Therefore, the slope is 5.

I hope this helps!!

- Kay :)

According to the Rational Root Theorem, which number is a potential root of f(x) = 938 + 946 – 12x + 7?

Answers

Answer:

938

Step-by-step explanation:

So if you are taking a quiz it's C.

The music teacher asked his class to vote for their favorite instrument and created a pie chart to display the results.
There are 20 students in his class. Which statements are true? Check all that apply.


THE ANSWER IS B,D,E,F!!!!

Answers

Answer:

bdef

Step-by-step explanation:

Answer:

b= brains b= dad e= end f= fun

Step-by-step explanation:

Samuel pays $59.99 plus $0.25 for each minute over 450 minutes for his cell phone plan. Monica
pays $64.99 plus $0.10 for each minute over 450 minutes for her cell phone plan. Which system
of equations represents this situation? Letx represent the number of minutes over 450

Answers

Answer:

D

Step-by-step explanation:

Samuel pays 59.99 for the 450 minutes but when he goes over he pays 0.25 for each minute he goes over. The same thing for Monica

The correct option is D

Given that,

Samuel pays $59.99 plus $0.25 for each minute over 450 minutes for his cell phone plan. Monica pays $64.99 plus $0.10 for each minute over 450 minutes for her cell phone plan.

Based on the above information, the equation is as follows:

y = 59.99 + 0.25x

y = 64.99 + 0.10x

Learn more: https://brainly.com/question/1152162?referrer=searchResults

If y is directly proportional to x and y =1200 when x=30, then what is the value of x when y=30?

Answers

Answer:

Y= 30

X= 0.75

Step-by-step explanation:

If the first Y was 1,200 and X was 30, then that means every time your divide Y by 40, you will get your X. It's the exact opposite if you want to find Y.

So you want to divide your Y, which is 30, by 40. Once who find your answer, you should have gotten 0.75 for X.

Why divide by 40? Good question. You divide by 40 because if you multiply your X example Y= 1,200, X= 30, you will get 30x40 which is 1,200. Do it the other way around divide 1,200 by 40, you get 30.

All in all your answer should be X= 0.75. If not tell me.

Thank You For Your Time

Line g is dilated by a scale factor of 3 from the origin to create line g'. Where are points E' and F' located after dilation, and how are lines g and g' related? coordinate plane with point E at negative 4 comma 0 and point F at 0 comma 2, line g intersects points E and F The locations of E' and F' are E' (−4, 0) and F' (0, 2), and lines g and g' are the same line. The locations of E' and F' are E' (−2, 0) and F' (0, 1), and lines g and g' intersect at point F. The locations of E' and F' are E' (−1, 0) and F' (0, 0), and lines g and g' are not related. The locations of E' and F' are E' (−12, 0) and F' (0, 6), and lines g and g' are parallel.

Answers

Dilation involves changing the size of a shape.

The true statement is that the locations of E' and F' are E' (−12, 0) and F' (0, 6), and lines g and g' are parallel.

The given parameters are:

[tex]k =3[/tex] --- the scale factor

[tex]E = (-4,0)[/tex]

[tex]F =(0,2)[/tex]

Multiply the coordinates of point E and F by the scale factor (k), to determine the new coordinates of E and F.

[tex]E' = E \times k[/tex]

[tex]E' = (-4,0) \times 3[/tex]

[tex]E' = (-12,0)[/tex]

[tex]F' = F \times k[/tex]

[tex]F' = (0,2) \times 3[/tex]

[tex]F' = (0,6)[/tex]

Given that line g is represented by points E and F; line g' would be represented by points E' and F'

So, both lines would be parallel.

Hence, the true option is (d)

Read more about dilation at:

https://brainly.com/question/3457976

Answer:

The locations of E' and F' are E' (−12, 0) and F' (0, 6), and lines g and g' are parallel.

Step-by-step explanation:

Plz help me with this?!?! I will mark you brainliest!!!

Answers

Answer: 2/5 liters

Step-by-step explanation: This is because you need to add 1/10 and 3/10. The answer is 4/10, which can be simplified to 2/5.

Round to the nearest thousand 5.2182

Answers

Answer:

5.218

Step-by-step explanation:

5 or more, you add one. Four or less, you change it to zero.

Tell whether (12, 43) is a solution of y = 3x + 7.
yes
no

Answers

Answer:

yes

Step-by-step explanation:

Mr. Harmin is sitting in his office on the third floor of a building. He is at an elevation of 30 feet in relation to street level. Mr. Ehrig is in the parking garage at an elevation of –35 feet, and Mrs. White is in the parking garage at an elevation of –25 feet in relation to street level. Which statements are true? Check all that apply. Mr. Harmin is closest to street level. Mr. Ehrig is at the lowest elevation. Mrs. White is closest to street level. Mr. Harmin is closer to street level than Mrs. White. Mrs. White is at the highest elevation.

Answers

Answer:

Mr. Ehrig is at the lowest elevation. AND .Mrs. White is closest to street level.

Step-by-step explanation:

plzz i need fasssssst​

Answers

Answer: 1. a) 0 b) -4 2. a) 3 b) -9 3. a) -80 b) -339 c) -14 4. a) 110 b) -87

Step-by-step explanation: This took forever

The ratio of cars to trucks in the parking lot is 3:5. If there are 360 vehicles in the parking lot, how
may are trucks?

Answers

Answer:

135

Step-by-step explanation:

3+5=8. 360÷8=45. 45×3=135

If the ratio of cars to trucks in the parking lot is 3:5. If there are 360 vehicles in the parking lot, then there are 225 trucks

What is Ratio?

A ratio is an ordered pair of numbers a and b, written a / b where b does not equal 0.

The ratio of cars to trucks in the parking lot is 3:5.

there are 360 vehicles in the parking lot

(360-x)/x=3/5

Cross Multiplication

5(360-x)=3x

1800-5x=3x

1800=8x

x=225

So there are 225  trucks.

To learn more on Ratios click:

https://brainly.com/question/13419413

#SPJ2

The value of y varies directly with x. When y=2 2/5,x=3/5 what is the value of y when x is 4/5

A 1 1/5

B 3 3/5

C 3 1/5

D 5 1/5

Answers

Answer:

the correct ans should be 88/15

Step-by-step explanation:

since, y is directly proportional to x then,

y=kx where k=proportionality constant

when y=22/5 and x=3/5

or,22/5=k*3/5

or,22/5*5/3=k

•°•k=22/3

now, when x=4/5

we know,

y=kx

or,y=22/3*4/5

•°•y=88/15

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