Aspire Cable Company actively promoted sales in a town that previously had no cable service. Once...
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Aspire Cable Company actively promoted sales in a town that previously had no cable service. Once Aspire saturated the market, it introduced a new 50-channel system and raised rates. As the company began to offer its expanded system, a different company, BigSatellite Cable, began offering satellite service with more channels than Aspire and at a lower price. A model for Aspire's revenue for the 26 weeks after it began its sales campaign is R(x) = -3x* + 160x3 – 3000x? + 24000x dollars Where x is the number of weeks since Aspire began sales. The figure and table below represent some points for revenue. Revenue (dollars) Weeks Revenue (dollars) $37,232 $66,672 S70,000 $71,792 $78,192 $76,912 $37,232 $100,000 S80,000 10 S60,000 14 18 $40,000 22 $20.000 26 so 2. 6. 10 14 18 22 26 Weeks For this problem, you should use calculus to find extremas. Calculus will "smooth" out the curve above by assuming a continuous relationship. Interpret the meaning of your analysis as it corresponds to the scenario presented above. Please report back to the Sale's department about the performance of the campaign and when revenues peaked. Please explain when you believe BigSatellite Cable started to have a negative effect on Aspire's sales. Aspire Cable Company actively promoted sales in a town that previously had no cable service. Once Aspire saturated the market, it introduced a new 50-channel system and raised rates. As the company began to offer its expanded system, a different company, BigSatellite Cable, began offering satellite service with more channels than Aspire and at a lower price. A model for Aspire's revenue for the 26 weeks after it began its sales campaign is R(x) = -3x* + 160x3 – 3000x? + 24000x dollars Where x is the number of weeks since Aspire began sales. The figure and table below represent some points for revenue. Revenue (dollars) Weeks Revenue (dollars) $37,232 $66,672 S70,000 $71,792 $78,192 $76,912 $37,232 $100,000 S80,000 10 S60,000 14 18 $40,000 22 $20.000 26 so 2. 6. 10 14 18 22 26 Weeks For this problem, you should use calculus to find extremas. Calculus will "smooth" out the curve above by assuming a continuous relationship. Interpret the meaning of your analysis as it corresponds to the scenario presented above. Please report back to the Sale's department about the performance of the campaign and when revenues peaked. Please explain when you believe BigSatellite Cable started to have a negative effect on Aspire's sales.
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Financial and Managerial Accounting
ISBN: 978-1285078571
12th edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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