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

Permission for xii class, Is there any class in expertsmind for second year...

Is there any class in expertsmind for second year english.?

What is the new cost of the pants, A pair of pants costs $24. The cost was ...

A pair of pants costs $24. The cost was decreased by 8%. What is the new cost of the pants? If the cost of the pants is decreased by 8%, the cost of the pants is 92 percent of

Parabola, write the equation of parabola of vertex(2,-3)and focus(_1,1)

write the equation of parabola of vertex(2,-3)and focus(_1,1)

I am bad at math, i dont know how to do probobility iam so bad at it

i dont know how to do probobility iam so bad at it

Solve the value of x and y , 7(y + 3) - 2(x + 2) = 14, 4 (y - 2) + 3(x ...

7(y + 3) - 2(x + 2) = 14, 4 (y - 2) + 3(x - 3) = 2 Ans:    7(y + 3) - 2 (x+ 2) = 14          --------- (1) 4(y- 2) + 3(x - 3) = 2 ----------(2) From (1) 7y +21 -

Polynomials, write the zeros of underroot3power2 -8x+4underroot 3

write the zeros of underroot3power2 -8x+4underroot 3

Simplify the logical expression, Simplify the logical expression X‾ Y‾ + X‾...

Simplify the logical expression X‾ Y‾ + X‾ Z + Y Z +Y‾ Z W‾  Ans: The K-Map for the following Boolean expression is described by the following diagram. The optimized expression

Factoring out a common monomial factor, Factoring Out a Common Monomial Fac...

Factoring Out a Common Monomial Factor? Say you have a polynomial, like 3x 4 y - 9x 3 y + 12x 2 y2 z and you want to factor it. Your first step is always to look for t

Steps for integration strategy - integration techniques, Steps for Integrat...

Steps for Integration Strategy 1. Simplify the integrand, if possible This step is vital in the integration process. Several integrals can be taken from impossible or ve

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