Application of Differential Calculus: Minimizing cost order and maximizing total tax revenue
A car manufacturer buys 6000tires a year from a distributor. The Ordering Fee is P8,000.00 per shipment, the Storage Cost is P384.00 per tire per year and each tire cost P100.00. Suppose that the tires are ...used at a constant rate throughout the year and that each shipment arrives just as the p...receding shipment has been used up. How many tires should the manufacturer order each time to minimize the cost.
Thanks...
Re: Calculus.... [post #31362159 is a reply to post #31362119 ]
eto pa po ulit....
if the demand and supply functions are given by y=600-x ang y=200+1/3x, respectively. find the tax rate (t) that will maximize the total tax revenue(T)
Mod edit: Change the title to be more descriptive
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