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: Shoe Manufacturing Example The ONeill Shoe Manufacturing Company will produce a specialstyle shoe if the order size is large enough to provide a reasonable profit. The company incurs a fixed cost of $ for each specialstyle order for the production setup. The variable cost is $ per pair, and each pair sells for $ How large must the shoe order be before ONeill will break even? pointsa 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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