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

Pearson sucess, do you have a decimal place value chart

do you have a decimal place value chart

Proof for properties of dot product, Proof for Properties of Dot Product ...

Proof for Properties of Dot Product Proof of u → • (v → + w → ) = u → • v → + u → • w → We'll begin with the three vectors, u → = (u 1 , u 2 , ...

Concepts, what are core concepts of marketing?

what are core concepts of marketing?

Shares and dividends, suresh invested rs.1080 in shares of face value rs.50...

suresh invested rs.1080 in shares of face value rs.50 at rs.54.After receiving dividend on them at 8% he sold them at 52.In each of the transaction he paid 2 % brokerage.Hpw much d

What is the probability of tossing a head, Q. What is the probability of to...

Q. What is the probability of tossing a head? List the sample space for tossing a coin once. What is the probability of tossing a head? Solution:  If you tossed a coin once

Shares and divident, A man invest ?13500 partly in shares paying 6% at ?140...

A man invest ?13500 partly in shares paying 6% at ?140 and partly in 5% at 125.If he is tolal income is 560, how much has he invested in each?

Range, identify the range of h(x)=2x+1

identify the range of h(x)=2x+1

Constructing tables versus rote learning maths, CONSTRUCTING TABLES VERSUS ...

CONSTRUCTING TABLES VERSUS ROTE LEARNING :  Ask any adult how she would help a child to acquire simple multiplication facts. There is a very strong possibility that she would say,

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