ference, and product of integers
is an integer.
4. Given: x ∈ R. Prove:
2 + 5 > 12x.
At the idea stage, reduce the given inequality by setting it to 0. Then, it
should be helpful to complete the square.
producer's surplus if the equilibrium price of a unit
.A retailer anticipates selling
units of its product at a uniform rate over the next year. Each time the retailer places an order for
units, it is charged a flat fee of
. Carrying costs are
per unit per year. How many times should the retailer reorder each year and what should be the lot size to minimize inventory costs? What is the minimum inventory cost?
For a particular commodity, the demand function is
.A hotel rents
rooms at a rate of
per day. For each
increase in the rate, three fewer rooms are rented. Find the room rate that maximizes daily revenue.