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

Prove that ac2 =ab2 + bc2+2bcxbd, If ABC is an obtuse angled triangle, obtu...

If ABC is an obtuse angled triangle, obtuse angled at B and if AD⊥CB Prove that AC 2 =AB 2 + BC 2 +2BCxBD Ans:    AC 2 = AD 2 + CD 2 = AD 2 + (BC + BD) 2 = A

Word problem, adison earned $25 mowing her neighbor''s lawn. then she loane...

adison earned $25 mowing her neighbor''s lawn. then she loaned her friend $18, and got $50 from her grandmother for her birthday. she now has $86. how much money did adison have to

Example for pre-operational stage learning maths, E1) I have a three-year-o...

E1) I have a three-year-old friend. He has a lot of toy cars to play with. Playing with him once, I divided the cars into two sets. One set was more spread out and had 14 cars in i

Describe square roots, Describe Square Roots? When a number is written ...

Describe Square Roots? When a number is written inside a radical sign (√), the number is called the radicand, and we say that you are "taking the square root of" that number.

Determine the derivative f ( x ) = 2 x2 -16x + 35, Determine the derivative...

Determine the derivative of the following function by using the definition of the derivative. f ( x ) = 2 x 2 -16x + 35 Solution Thus, all we actually have to do is to pl

Sequence and series, Find the sum og series 1+(1+3)+(1+3+5)+.......+(1+3+.....

Find the sum og series 1+(1+3)+(1+3+5)+.......+(1+3+...+15+17)=

Law of cosines - vector, Theorem a → • b → = ||a → || ||b → || cos• ...

Theorem a → • b → = ||a → || ||b → || cos• Proof Let us give a modified version of the diagram above. The three vectors above make the triangle AOB and note tha

What is the sale price of the printer, A printer which sells for $190 is on...

A printer which sells for $190 is on sale for 20% off. What is the sale price of the printer? The printer is 20% off. That means that it is 80% of its original price (100% - 2

Discontinuous integrand- integration techniques, Discontinuous Integrand- I...

Discontinuous Integrand- Integration Techniques Here now we need to look at the second type of improper integrals that we will be looking at in this section.  These are integr

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