I need to increase the number of customers by 20% daily, I talk to an average of 8 customers per hour during an 8 hour shift so
2 answers:
Answer:
The number of customer per day is 10.
Step-by-step explanation:
Given : I need to increase the number of customers by 20% daily, I talk to an average of 8 customers per hour during an 8 hour shift.
To find : How many customers per day?
Solution :
We have an average of 8 customers.
Increase the number of customers by 20% daily.
i.e. increased number will be 20% of 8,
i.e. 1.60 customer per hour during an 8 hour shift.
So,
Approximately the number of customer per day is 10.
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Answer:
The ticket price that maximizes revenue is $50.
The maximum monthly revenue is $250,000.
Step-by-step explanation:
We have to write a function that describes the revenue of the airline.
We know one point of this function: when the price is $30, the amount of passengers is 7000.
We also know that for an increase of $1 in the ticket price, the amount of passengers will decrease by 100.
Then, we can write the revenue as the multiplication of price and passengers:
where x is the variation in the price of the ticket.
Then, if we derive R in function of x, and equal to 0, we will have the value of x that maximizes the revenue.
We know that the increment in price (from the $30 level) that maximizes the revenue is $20, so the price should be:
The maximum monthly revenue is: