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

Examples of play and learning maths, Here are a few examples of some team g...

Here are a few examples of some team games. The teams can be small (1-3 children) or big (15-20 children). We start with some games for small children. a) One team places a numb

Direction fields, steps to draw direction or slope fields

steps to draw direction or slope fields

Geometry, a figure is made of a rectangle and an isosceles right triangle. ...

a figure is made of a rectangle and an isosceles right triangle. the rectangle has sides of 6 in. and 3 in. one of the short sides of the rectangle is also one of the legs of the r

4th grade, Ray cut 6 pieces of rope . Each piece was between 67 and 84 inch...

Ray cut 6 pieces of rope . Each piece was between 67 and 84 inches long. What would be the total length of the 6 pieces of rope?

Geometry, how can you tell qhich trangle is sss,asa, sas, and aas s

how can you tell qhich trangle is sss,asa, sas, and aas s

complex number z, For complex number z, the minimum value of |z| + |z - co...

For complex number z, the minimum value of |z| + |z - cosa - i sina|+|z - 2(cosa + i sina )| is..? Solution) |z| + |z-(e^ia)| + |z-2(e^ia)| we see.....oigin , e^ia , 2e^ia ,  f

Differance between expanded notation vs. standard notation , Differance bet...

Differance between Expanded Notation vs. Standard Notation ? A number written in expanded notation is broken down into parts just like it is in a place-value table. Example

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