Question: Problem 3: Nonlinear programming. Andy Mendoza makes handcrafted dolls. which he sells at craft fairs. He is considering mass producing the dolls to sell in

 Problem 3: Nonlinear programming. Andy Mendoza makes handcrafted dolls. which he

Problem 3: Nonlinear programming. Andy Mendoza makes handcrafted dolls. which he sells at craft fairs. He is considering mass producing the dolls to sell in stores. He estimates that the initial investment for plant and equipment will be $25,000. while labor. materials. packaging. and shipping will be about $10 per doll. He has determined that sales volume is related to price. according to the linear equation below. Find the number of units that will give the maximum prot. v=4.oOD80p a. what is the maximum profit? b. what is the price per unit that gives the maximum profit? c. find the break-even quantities

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