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

..compound intrest, tell me about the software of compound intrest?

tell me about the software of compound intrest?

ALJEBRA, HOW TO FIND 2SQUARE *7 CUBE

HOW TO FIND 2SQUARE *7 CUBE

how many of the original vectors, We have claimed that a randomly generate...

We have claimed that a randomly generated point lies on the equator of the sphere  independent of where we pick the North Pole.  To test this claim randomly generate ten  vectors i

Algorithm for division helping a child grasp, E1) Why don't you think of so...

E1) Why don't you think of some activities for the same purpose now? E2) Suggest, in detail, another activity for helping a child grasp the algorithm for division. We come to

Pigeonhole principle, By pigeonhole principle, show that if any five number...

By pigeonhole principle, show that if any five numbers from 1 to 8 are chosen, then two of them will add upto 9.    Answer: Let make four groups of two numbers from 1 to 8 like

Share and dividend, to use newspaper and report on share and dividend

to use newspaper and report on share and dividend

Geometry, write a proof on proving triangles are congruent.

write a proof on proving triangles are congruent.

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