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

Circle, #question when equation of tangent T=0 and why

#question when equation of tangent T=0 and why

Probability, You''ve decided you want a plant for your room. At the gardeni...

You''ve decided you want a plant for your room. At the gardening store, there are 444 different kinds of plants (tulip, fern, cactus, and ficus) and 444 different kinds of pots to

What is the difference between the two models listed above?, E1) What is th...

E1) What is the difference between the two models listed above? Which is more difficult for children to understand? E2) List some activities and word problems that you would exp

Arithmetico geometric progression, find the sum of the following series upt...

find the sum of the following series upto n terms: 1*2+2*4+3*8+4*16+.....

What percent of the figure below is shaded, What percent of the figure belo...

What percent of the figure below is shaded? Break the rectangle into eighths as shown below. The shaded part is 6/8 or 3/4; 3/4 is 75%.

Find the value of given equations in polynomial , If α & ß are the zeroes ...

If α & ß are the zeroes of the polynomial 2x 2 - 4x + 5, then find the value of a.α 2 + ß 2   b. 1/ α + 1/ ß  c. (α - ß) 2 d. 1/α 2 + 1/ß 2    e.  α 3 + ß 3 (Ans:-1, 4/5 ,-6,

Relations, Suppose A and B be two non-empty sets then every subset of A Χ B...

Suppose A and B be two non-empty sets then every subset of A Χ B describes a relation from A to B and each relation from A to B is subset of AΧB. Normal 0 fals

Example of graphical technique of linear equations, Explain the Graphical T...

Explain the Graphical Technique of Linear Equations by using this figure.

Math134, how to sketch feasible set

how to sketch feasible set

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