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plz answer shortly 6. An entrepreneur is setting up a storage facility which will provide storage both at peak times and off-peak times. The entrepreneur

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6. An entrepreneur is setting up a storage facility which will provide storage both at peak times and off-peak times. The entrepreneur needs to decide how much storage @ to supply at peak times, and how much storage @ to supply off-peak. It also needs to decide how to set capacity / where capacity is such that both /20 and A2Q. The peak period demand for storage is given by A-7200 - Q and the off-peak is given by A-5400 - Q, where A and P are the prices for units of storage at peak times and off-peak respectively. The variable cost is 200 per unit of storage supplied and capacity costs are 100 per unit. Heence profits for the entrepreneur are given by: (7200 -Q)Q. +(5400 - Q)Q2 -200(Q, +Q) - 100K where Q

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