Your company is a manufacturer for stylus writing pen for tablet. The weekly profit function, is,...

 

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Your company is a manufacturer for stylus writing pen for tablet. The weekly profit function, is, where represent the quantity of stylus pen in thousand units and is the profit in thousand Ringgits Malaysia (RM). The total cost to produce 10,000 units of stylus pen is RM1,285,000. The maximum production capacity for the company is 21,000 units of stylus pen per week. Solve the following questions by applying linear mathematical model to the situation. a) Find the fixed cost for the production. Explain 3 types of possible fixed cost incurred in the production. b) Find the cost function. Interpret the meaning of the slope and intercepts. c) Find the revenue function. Interpret the meaning of the slope and intercepts. d) Find the break-even point. e) Sketch the graphs of Revenue, Cost and Profit functions using computer-based graphing software on the SAME graph. Label the break-even point, intercepts and equations. f) What is the independent variable for the functions in this context? Your company is a manufacturer for stylus writing pen for tablet. The weekly profit function, is, where represent the quantity of stylus pen in thousand units and is the profit in thousand Ringgits Malaysia (RM). The total cost to produce 10,000 units of stylus pen is RM1,285,000. The maximum production capacity for the company is 21,000 units of stylus pen per week. Solve the following questions by applying linear mathematical model to the situation. a) Find the fixed cost for the production. Explain 3 types of possible fixed cost incurred in the production. b) Find the cost function. Interpret the meaning of the slope and intercepts. c) Find the revenue function. Interpret the meaning of the slope and intercepts. d) Find the break-even point. e) Sketch the graphs of Revenue, Cost and Profit functions using computer-based graphing software on the SAME graph. Label the break-even point, intercepts and equations. f) What is the independent variable for the functions in this context?

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each part of the question step by step and provide detailed answers a Find the fixed cost for production Explain 3 types of possible fixed costs incurred in production Fixed Costs Fixed costs are expe... View the full answer