Math

You run a small furniture business. You sign a deal with a customer to deliver up to 500 chairs, the exact number to be determined by the customer later. The price will be $120 per chair up to 400 chairs, and above 400 the price will be reduced by $0.25 per chair (on the whole order) for every additional chair over 400 ordered. What is the largest revenue your company can make under this deal?

I've found the minimum to be zero for this problem because they could sell no chairs at all and from what I can deduct from the problem the maximum they can make should be selling 400 chairs at $120 each which would be $48000 but my online turn in keeps telling me that's wrong and I don't understand why that is, please help.

  1. 👍 0
  2. 👎 0
  3. 👁 145
asked by Lucas
  1. 120 times 400 + 119.75 times 100

    I think they may be including the extra 100 chairs.

    1. 👍 0
    2. 👎 0
    posted by John
  2. product of 7 and x decreased by x

    1. 👍 0
    2. 👎 0

Respond to this Question

First Name

Your Response

Similar Questions

  1. Math

    You run a small furniture business. You sign a deal with a customer to deliver up to 500 chairs, the exact number to be determined by the customer later. The price will be $120 per chair up to 400 chairs, and above 400 the price

    asked by Lucas on May 4, 2016
  2. Math

    You run a small furniture business. You sign a deal with a customer to deliver up to 500 chairs, the exact number to be determined by the customer later. The price will be $120 per chair up to 400 chairs, and above 400 the price

    asked by Lucas on May 4, 2016
  3. math

    You run a small furniture business. You sign a deal with a customer to deliver up to 700 chairs, the exact number to be determined by the customer later. The price will be $150 per chair up to 600 chairs, and above 600 the price

    asked by Leila on October 29, 2015
  4. business finance

    please point me in the right direction to begin. Thanks! Your small business needs to buy new office furniture for your new headquarters. You have the option of leasing the furniture, or buying the furniture. You can purchase the

    asked by Tasha on September 15, 2014
  5. business finance

    I am in need of some major help. Your small business needs to buy new office furniture for your new headquarters. You have the option of leasing the furniture, or buying the furniture. You can purchase the furniture for $15,000

    asked by Tasha on September 15, 2014
  6. Business Class

    In our business class, we have to come up with a business and make it different from other competitor. My business is desktop publishing ( Creating brochures , advertisement, newspaper, and business card) and I can't think of way

    asked by Shadow on September 20, 2011
  7. math

    1. Tim has an after-school delivery service that he provides for several small retailers in town. He uses his bicycle and charges $1.25 for a delivery made within 1 1/2 mi, $1.70 for a delivery of at least 1 1/2 mi but less than 2

    asked by super on August 21, 2014
  8. accounting and taxes

    I recently closed my retail business which was very small... I chose not to sell my equipment as I can still use it at home as a hobby for myself. What do I put as furniture and equipment sold on my BOE form? Do I have to buy the

    asked by Jay on December 3, 2012
  9. Microeconomics

    Bob and Jane decide to open their own business selling ergonomically correct office furniture that Jane has designed. Assume they operate this business from leased office space near their home. Also assume that they lease their

    asked by Adam on February 26, 2009
  10. Economics

    Hi, Could you please help me with the following question? Bob and Jane decide to open their own business selling ergonomically correct office furniture that Jane has designed. Assume they operate this business from leased office

    asked by Chithra on October 4, 2007

More Similar Questions