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

Basic mathematics, I need help with my homework, I am to the edge right now...

I need help with my homework, I am to the edge right now with this w=5pq/2

Matrices, how solve the inverse matrices using the matlab?

how solve the inverse matrices using the matlab?

Linear Equations, y= -3x tell if it is linear or not. our teacher wants it ...

y= -3x tell if it is linear or not. our teacher wants it graphed or something.

Core concepts, define marketing and show its core concepts

define marketing and show its core concepts

Numerical analysis and computer techniques, write a fortan programme to gen...

write a fortan programme to generate prime number between 1 to 100

We know this equation a°=1.prove this?, we know that log1 to any base =0 ta...

we know that log1 to any base =0 take antilog threfore a 0 =1

Ratios, a doctor sees 3 boys to 5 girls in one week . If he sees 40 boys in...

a doctor sees 3 boys to 5 girls in one week . If he sees 40 boys in one day then how many girls does he see that day

3/8:5/9, how do I change this ratio to a fraction

how do I change this ratio to a fraction

Math, what is division

what is division

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