Question: Breakeven and Linear Programming ( LP ) Examples: 1 . Shoe Manufacturing Example The ONeill Shoe Manufacturing Company will produce a special - style shoe

Breakeven and Linear Programming (LP) Examples:1. Shoe Manufacturing Example The ONeill Shoe Manufacturing Company will produce a special-style shoe if the order size is large enough to provide a reasonable profit. The company incurs a fixed cost of $2000 for each special-style order for the production setup. The variable cost is $60 per pair, and each pair sells for $80. How large must the shoe order be before ONeill will break even? [15 points}a. Let x indicate the number of pairs of shoes produced. Develop a mathematical model for the total cost of producing shoe repairs. b. Let P indicate the total profit. Develop a mathematical model for the total profit realized from an order for x pairs of shoes. c. What is the breakeven point?

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