Apply the mathematical model to solve problems

Reference no: EM1319130

Question: Apply the following mathematical model for the given problems.

The amount of revenue made in Company XYZ is predicted to make follows the mathematical model y = 20.5x - 5000, where y is the amount of revenue, & x is the number of employees

[A] How much revenue is estimated if there are 200 employees in the Company?
[B] Rewrite the mathematical model equation in terms of x, ie x =?
[C] How many employees are needed to make at least USD 6000?
[D] How many employees must be hired to break even?

Reference no: EM1319130

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