1. Below is some data about the t-shirt and jeans sales of a company. The company decided to raise their prices at the end of Q2.

Item	Q1 Sales	Q2 Sales	Q3 Sales	Q4 Sales
T-shirts	150 @ $10.00	152 @ $10.00	146 @ $11.00	140 @ $11.00
Jeans	108 @ $25	110 @ $25	98 @ $30	98 @ $30

What price should we sell the t-shirt and jeans in order to maximize revenue? Justify your answer with all supporting work.

2. Below is some data about the costs of a companys products.

Item	Q1	Q2	Q3	Q4
Storage Cost (per item)
Tshirt	150 @ $1.10	152 @ $2.30	146 @ $2.50	140 @ $1.90
Jeans	108 @ $3.80	110 @ $3.60	98 @ $3.40	98 @ $3.30
Order Cost (per order)
Tshirt	$12.00	$12.75	$12.50	$12.00
Jeans	$20.00	$20.00	$17.00	$17.00
Product Cost (per item)
Tshirt	$1.31	$1.08	$1.14	$1.34
Jeans	$5.52	$5.54	$5.58	$5.76

What is an approximate cost curve for each product? How much product must be bought to minimize the cost for each?

3. Estimate the maximum profit and put forth an explanation and justification for your results.

Pano 1. Below is some data about the t-shirt and jeans sales of a company. The company decided to raise their prices at the end of Q2. Item T-shirts Jeans Q1 Sales 150 @ $10.00 108 @ $25 Q2 Sales Q3 Sales 152 @ $10.00 146 @ $11.00 110 @ $25 98 @ $30 Q4 Sales 140 @ $11.00 98 @ $30 Q3 What price should we sell the t-shirt and jeans in order to maximize revenue? Justify your answer with all supporting work. 2. Below is some data about the costs of a company's products. + Item Q1 Q2 Q4 Storage Cost (per item) Tshirt 150 @ $1.10 152 @ $2.30 146 @ $2.50 140 @ $1.90 Jeans 108 @ $3.80 110 @ $3.60 98 @ $3.40 98 @ $3.30 Order Cost (per order) Tshirt $12.00 $12.75 $12.50 $12.00 Jeans $20.00 $20.00 $17.00 $17.00 Product Cost (per item) Tshirt $1.31 $1.08 $1.14 $1.34 Jeans $5.52 $5.54 $5.58 $5.76 What is an approximate cost curve for each product? How much product must be bought to minimize the cost for each? 3. Estimate the maximum profit and put forth an explanation and justification for your results