145535143BQS Assignment Batch B
145535143BQS Assignment Batch B
Questions
3). If the total cost of making n units is given by 3x-y+25=0. If 40 units are made
Find i) Fixed cost ii) Variable cost iii) Total cost iv) Average cost v) Average variable
cost
4.) A company has fixed cost of Rs. 26000, cost of producing one item is rs.30. if the item sells
at Rs.43. Find Profit Function, Break Even Point.
5). A Market research team interviews 100 people, asking each whether he smokes any or all of
the item; A is Cigarettes; B is Cigars; C is Pipe tobacco. The team returned the following data.
Find the reliability of the data
Category Numbers
ABC 3
AB 7
BC 13
AC 19
A 42
B 17
C 27
6). A town has a total population of 50000. Out of it 28000 read The Hindu and 23000 read
Indian Express while 4000 read both the papers. Indicate how many read neither The Hindu nor
Indian Express?
7). A company sells x units of an item each day at the rate of Rs. 50 per unit. The cost of
manufacturing and selling these units is Rs. 35 units plus fixed daily overhead cost of Rs. 1000.
Determine the profit function. How would you interpret the situation if the company manufactures
and sells 40 units of the item a day?
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8). The fixed cost of producing a certain product is Rs. 5000 per month and variable cost is Rs.
3.50 per unit. If the product is sold for Rs. 6.00 each. Find the
1). the Break Even Point
2). the no. of units that must be produced and sold each month to get a profit of Rs. 1000 per
month
3). the loss when 1500 units are produced and sold each month.