Quantitative, Mathematics

Assignment Help:
A lobster catcher spends $12 500 per month to maintain a lobster boat. He plans to catch an average of 20 days per month during lobster season. For each day, he must allow approximately $95 for fuel and ice for the boat. If his packaging and distribution costs are $2.00 per kilogram of lobster, and if lobster sells for $6.00 per kilogram: (Excel is not required for this question: Just Type your answer with proper steps)

a. How many kilograms of lobster must he catch per day to break even?

b. Suppose the catcher wants to put away money to sustain himself through inclement weather and off-season expenses. He decides that he would like to save $10 000 per month. How much lobster should he plan to catch to make this plan possible?

Related Discussions:- Quantitative

Nine minus five times a number, Nine minus five times a number, x, is no le...

Nine minus five times a number, x, is no less than 39. Which of the subsequent expressions represents all the possible values of the number? Translate the sentence, "Nine minus

Trigomometrical, ABCD is a rhombus. the sides of the rhombus are 8cm long ....

ABCD is a rhombus. the sides of the rhombus are 8cm long .one of its diagonals is 12cm .find the angels of the rhombus

How organize data by circle graphs, Q. How organize data by Circle Graphs? ...

Q. How organize data by Circle Graphs? Ans. Circle graphs, or pie charts, are another way of organizing data sets into an easy-to-read format. They make it very easy to c

Sum, i want to trick to know how can i fastest calculate more than compute...

i want to trick to know how can i fastest calculate more than computer

Trignometery., using the formula sin A =under root 1+ cos2A /2 . find value...

using the formula sin A =under root 1+ cos2A /2 . find value of 30 degree, it is being given that cos 60 degree =1/2.

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd