Vender's sells bicycle in a small shop on a main thoroughfare, and the manager has computed some

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Vender's sells bicycle in a small shop on a main thoroughfare, and the manager has computed some numbers based on past sales of bikes. She estimates the demand curve to be P=80-2Q. Costs are given by C= 200+20Q.
You have been asked to make a decision about whether the firm should seek to maximize sales revenue. What is your recommendation? What numbers would you use to back up your decision?
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Introduction to Operations Research

ISBN: 978-1259162985

10th edition

Authors: Frederick S. Hillier, Gerald J. Lieberman

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