हिंदी
तमिलनाडु बोर्ड ऑफ सेकेंडरी एज्युकेशनएचएससी वाणिज्य कक्षा १२

A company receives a shipment of 500 scooters every 30 days. From experience, it is known that the inventory on hand is related to the number of days x. Since the shipment, I(x) = 500 – 0.0

Advertisements
Advertisements

प्रश्न

A company receives a shipment of 500 scooters every 30 days. From experience, it is known that the inventory on hand is related to the number of days x. Since the shipment, I(x) = 500 – 0.03x2, the daily holding cost per scooter is ₹ 0.3. Determine the total cost for maintaining inventory for 30 days

योग
Advertisements

उत्तर

Here I(x) = 500 – 0.03x2

C1 = ₹ 0.3

T = 30

Total inventory carrying cost

= `"C"^1 int_0^"T""I"(x)  "d"x`

= `0.3 int_0^30 (500 - 0.03x^2)  "d"x`

= `0.3[500x - 0.03 (x^3/3)]_0^30`

= `0.3[500x - 0.01x^3]_0^30`

= 0.3[500(30) – 0.01 (30)3] – [0]

= 0.3[15000 – 0.01(27000)]

= 0.3[15000 – 270]

= 0.3[14730]

= ₹ 4,419

shaalaa.com
Application of Integration in Economics and Commerce
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 3: Integral Calculus – 2 - Exercise 3.2 [पृष्ठ ७२]

APPEARS IN

सामाचीर कलवी Business Mathematics and Statistics [English] Class 12 TN Board
अध्याय 3 Integral Calculus – 2
Exercise 3.2 | Q 4 | पृष्ठ ७२

संबंधित प्रश्न

The cost of an overhaul of an engine is ₹ 10,000 The operating cost per hour is at the rate of 2x – 240 where the engine has run x km. Find out the total cost if the engine runs for 300 hours after overhaul


An account fetches interest at the rate of 5% per annum compounded continuously. An individual deposits ₹ 1,000 each year in his account. How much will be in the account after 5 years. (e0.25 = 1.284)


If the supply function for a product is p = 3x + 5x2. Find the producer’s surplus when x = 4


Choose the correct alternative:

If MR and MC denotes the marginal revenue and marginal cost functions, then the profit functions is


Choose the correct alternative:

The demand and supply functions are given by D(x) = 16 – x2 and S(x) = 2x2 + 4 are under perfect competition, then the equilibrium price x is


Choose the correct alternative:

The marginal revenue and marginal cost functions of a company are MR = 30 – 6x and MC = – 24 + 3x where x is the product, then the profit function is


Choose the correct alternative:

The given demand and supply function are given by D(x) = 20 – 5x and S(x) = 4x + 8 if they are under perfect competition then the equilibrium demand is


Choose the correct alternative:

When x0 = 2 and P0 = 12 the producer’s surplus for the supply function Ps = 2x2 + 4 is


Choose the correct alternative:

If the marginal revenue of a firm is constant, then the demand function is


The demand equation for a product is Pd = 20 – 5x and the supply equation is Ps = 4x + 8. Determine the consumers surplus and producer’s surplus under market equilibrium


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×