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4. Suppose you are in the business of producing amenity kits for airlines. (a) It costs the factory to produce 1,500 kits costing $200 and
4. Suppose you are in the business of producing amenity kits for airlines. (a) It costs the factory to produce 1,500 kits costing $200 and 6,000 kits for $500. Each kit produced can be sold for $30; (b) The factory producing the kits is leased at five million dollars for 30 years at 5.12%; (c) You want to make ten million dollars at 6.12% over 40 years with monthly deposits; and (d) The contracted workers of the factory are paid 12% of the profits. Leading Question: How would you represent the above monthly situation? i. Find the break-even point for the model. ii. Suppose the second month: We want to make an extra half million dollars in 20 years at 12% compounded continuously. What does the second month's model look like? iii. Suppose the third month: The contract workers agreed to produce the kits at the same rate. Busi- ness is doing well, and each kit produced can be sold now for $40. How does the third month's model change? 4. Suppose you are in the business of producing amenity kits for airlines. (a) It costs the factory to produce 1,500 kits costing $200 and 6,000 kits for $500. Each kit produced can be sold for $30; (b) The factory producing the kits is leased at five million dollars for 30 years at 5.12%; (c) You want to make ten million dollars at 6.12% over 40 years with monthly deposits; and (d) The contracted workers of the factory are paid 12% of the profits. Leading Question: How would you represent the above monthly situation? i. Find the break-even point for the model. ii. Suppose the second month: We want to make an extra half million dollars in 20 years at 12% compounded continuously. What does the second month's model look like? iii. Suppose the third month: The contract workers agreed to produce the kits at the same rate. Busi- ness is doing well, and each kit produced can be sold now for $40. How does the third month's model change
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