How can they maximize profits from christmas cards

Assignment Help Business Management

Reference no: EM131380381

The pre-Christmas demand for Christmas cards at a local Hallmark stores is given by q = 2000 - 300p. The demand for Christmas cards after Christmas is given by q = 1000 - 400p.

If the store pays $1 per card, how can they maximize profits from Christmas cards? Assume they want all inventory sold.

Reference no: EM131380381

Questions Cloud

Determining optimal jurisdiction size : What do cities do to try to balance out the inefficiencies arising from the three often conflicting criteria for determining optimal jurisdiction size? Be sure to describe the two frequently used methods.

How many reservations should fbn accept on the flight : The number of no-shows is normal with a mean of 20 and standard deviation of 5. All tickets are nonrefundable. How many reservations should FBN accept on this flight?

Determine the number of then-current dollars : If the inflation rate is 6% per year and a person wants to earn a true (real) interest rate of 10% per year, determine the number of “then-current” dollars he has to receive 10 years from now if the present investment is $10,000.

Describe the goal of all clustering methods : What is an intuitive idea for the meaning of the centroid of a cluster?

How can they maximize profits from christmas cards : If the store pays $1 per card, how can they maximize profits from Christmas cards? Assume they want all inventory sold.

How does a company issue a bond : Finance 510- Bond ratings- What are they and how are they used? Yield to Maturity - why is this important? How does a company issue a bond? and what type of bond is the best one to issue?

Summarize the crucial steps involved in conducting a trial : When looking at cases within the legal system, there is a process to follow leading up to discovery. There is so much to do in the Discovery process. Each side gets to ask questions and investigate the claim and find out things needed to determ..

Describe the characteristics of cereals within the cluster : Using all of the variables, except name and rating, run the k-means algorithm with k=5 to identify clusters within the data.

Determine relationship between fahrenheit and celsius temp : You know that 32 degrees Fahrenheit is equivalent to 0 degrees Celsius, and that 212 degrees Fahrenheit is equivalent to 100 degrees Celsius. Use the trend curve to determine the relationship between Fahrenheit and Celsius temperatures.

User Account

All Pages