MATH 106 Week 3 Discussion | Asssignment Help | Embry Riddle Aeronautical University
- embry-riddle-aeronautical-university / MATH 106
- 04 May 2021
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- Mathematics Assignment Help / Algebra
MATH 106 Week 3 Discussion | Asssignment Help | Embry Riddle Aeronautical University
Week 3 Discussion
Module 3 - Group Challenge Problem Discussion
For this discussion, you will be working in groups to solve the
following problems.
1.
As a group member, you will post an initial reply that includes
the work and solutions to each question provided in the document by using
the Equation Editor (Links to an external site.) in
the Rich Content Editor.
2.
Once your initial reply has been posted, note whether or not
your answers match the solutions of your fellow group members.
3. Come
together as a group and start a dialogue.
o Where are
the errors in the proposed solutions (mine or classmates')?
o Which
solution is correct? Why? Is there more than one way to get to the
correct solution?
o Have we
given thorough explanations for our work?
Buying & Selling
·
Suppose your company is going to buy and sell two types of cars:
compact and mid-sized. Compact cars will be sold for $23,000 each and mid-sized
cars will be sold for $35,000 each.
1.
Write a monomial expression to describe the revenue if x is the number
of compact cars sold per month.
2.
Write a monomial expression to describe the revenue if y is the number
of mid-sized cars sold per month.
3. Write a
polynomial expression to describe the total revenue from the sale of both types
of cars per month.
·
Your company buys cars directly from the manufacturer. Suppose
it costs $11,000 to buy each compact car and $25,000 to buy each mid-sized car.
1.
Write a monomial expression to describe the cost of buying x number of
compact cars.
2. Write a
monomial expression to describe the cost of buying y number of
mid-sized cars.
·
Your company also has expenses of $117,275 for rent, salaries
and utilities.
1.
Write a polynomial expression to describe the total cost of doing
business.
2. Using
your polynomial expressions for revenue and cost, write a polynomial expression
in simplest form, for the profit if x compact
cars and y mid-sized
cars are bought and sold.
·
Suppose that in one month your company buys and sells 20 compact
cars and 15 mid-sized cars.
1.
Find the revenue,
2.
Find the cost, including the expenses,
3. Find the
profit.
·
Suppose that in one month, only mid-sized cars were bought and
sold. How many mid-sized cars would you need to buy and sell in order to break
even (profit is 0)?
Your initial post should
be submitted by the 4th day
of the module. Then, read your classmates’ posts and reply to at least two with
observations that add to a conversation about the course topics. You must make
your initial post before you can see the posts of your classmates.
https://erau.instructure.com/courses/62022/files/11278587/preview
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