Writing equations from description


Assignment:

A company pays a monthly rent of $3,000 per month for the office space and it pays $1,000 to each employee every month (there is a total of 12 employees). In addition each employee gets a bonus of $10 for each unit they complete during the month. The company's revenue is $18 for each unit completed by the employees. Answer the following:

Q1. Write the equation for the monthly salary S(x) for each employee, where x are the units completed by each employee during the month. Also, write the equation for the monthly salary for all the employees T(x).

Q2. If all employees completed the same number of units (x) during the month, write the equation for the company's monthly revenue R(x) as a function of x. Also, write the equation for the company's profit, P(x).

Q3. Supposed that one employee completed 300 units in a month, calculate the monthly salary for this employee. Additionally, suppose that each employee completed 300 units in a month, calculate the company's monthly revenue.

Q4. Based on the company's growth, they decided to change their location and rent a bigger office that will cost $10,000 a month. They also decided to hire 50 employees in addition to the original 12 employees. The fixed salary for the new employees and the bonus will be the same as for the original employees. The company's revenue remains the same. What will be the equation for the company's profit P(x) taking into consideration the new office and the new number of employees?

Q5. How many units (x) have to be completed by the employees in a month in order for the company's monthly revenue double the salary of all the employees?

Provide complete and step by step solution for the question and show calculations and use formulas.

Solution Preview :

Prepared by a verified Expert
Algebra: Writing equations from description
Reference No:- TGS01936863

Now Priced at $30 (50% Discount)

Recommended (91%)

Rated (4.3/5)