optimization problem

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ynath23

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A company offers the following schedule of charges: $44 per thousand for orders of 66,000 or less with the charge per thousand decreased by 40 cents for each thousand above 66,000. Find the order which will make the company's receipts a maximum?
Can someone set up the equation and define the variables please?
 
ynath23 said:
A company offers the following schedule of charges: $44 per thousand for orders of 66,000 or less with the charge per thousand decreased by 40 cents for each thousand above 66,000. Find the order which will make the company's receipts a maximum?
Can someone set up the equation and define the variables please?
Click to expand...

You need to maximize the receipts - that is your dependent variable in the optimization function?

What is the independent variable?

What is the optimization function?
 
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