Establish an equation to determine revenue

Assignment Help Mathematics

Reference no: EM13198023

Break-Even Analysis: A Look at Profit and Loss: As an entrepreneur, there are going to be many decisions that you need to make, such as the price to charge your customers for your goods and services. You have just graduated from college and recently opened a specialty pizza restaurant. Based on surveys conducted in your area, you determine that it is feasible to sell your specialty pizzas for $15. The cost for making the pizzas includes a fixed cost of $55 and a labor cost of $4 per pizza.

* Establish an equation to determine revenue.
* Establish an equation to determine total cost.
* How many pizzas must be sold to break even (i.e., you experience neither a profit nor a loss)? Interpret your result.

Reference no: EM13198023

Questions Cloud

What time period will the projectile be above : a projectile is fired straight up with an initial velocity of 80 feet per second. Its height in feet after t seconds is s = -16t^2 + 80t. During what time period will the projectile be above 96 feet?

Does the particle travel to the left : "Find all times t in the open interval 0

Explain attorney obligated by oath and moral obligation : The question here is: Is the attorney a superior entity where he may move against an alleged debtor without a definitive claim and cause. Or rather is the attorney obligated by oath and moral obligation to answer?

What was the average temperature at the airport : Records indicate that t hours past midnight, the temperature at the local airport was f(t) = -0.3t^2+4t+10 degrees Celsius. what was the average temperature at the airport between 9:00am and noon?

Establish an equation to determine revenue : How many pizzas must be sold to break even (i.e., you experience neither a profit nor a loss)? Interpret your result.

Explain the emerging issues in multicultural psychology : Describe the impact that these issues will have on society. Explain how these issues will affect the interaction among culturally diverse groups.

How many minutes did her call last : Laura purchased a prepaid phone card for$20 . Long distance calls cost 7 cents a minute using this card. Laura used her card only once to make a long distance call. If the remaining credit on her card is$16.57 , how many minutes did her call last?

What are the dimensions of the garden : The width of a rectangular garden is 2 feet shorter than one-half its length. If the perimeter of the garden is 32 ft., what are the dimensions of the garden?

Find what is the maximum temperature of the board : The components of a vertical circuit board, 150 mm on a side, dissipate 5 W. The back surface is well insulated and the front surface is exposed to quiescent air at 27 °C. Assuming a uniform surface heat flux, what is the maximum temperature of th..

User Account

All Pages