Explore BrainMass

Explore BrainMass

    Application Word Problem : Break-Even Point

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Chrysler has develpod a new minivan that has a start up cost of $ 45 000 000. Each new van costs $ 18 000 to make. If Chrysler plans to sell the minivans for $ 30 000, how many do they have to sell to break even?

    © BrainMass Inc. brainmass.com March 4, 2021, 6:25 pm ad1c9bdddf

    Solution Preview

    Solution. Denote the number of new vans they have to sell by x. Since Each new van costs $ 18 000 to make ...

    Solution Summary

    A break-even point is found. How many minivans Chrysler would have to sell to break even.