Mathematical Models Involving Linear Systems

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Loser rental charges $32.00 a day plus 27 cents per mile. lemon leasers $28.00 plus 30 cents per mile. Most renters drive either fewer than 50 mile or more than 200 miles. I have to start a company that has rates that are less expensive than both of the other two car rentals. Rates must not be less expensive than both of the other companies' rates outside this interval. Must compare my price structure to the other two numerically, algebraically, and graphically. Must compare a fierce advertising campaign, quoting unbeatable prices for trips in this range while minimizing my financial risk and explain why this is true

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Problem:

Loser rental charge $32.00 a day plus 27 cents per mile. lemon leasers $28.00 plus 30 cents per mile. most renters drive either fewer than 50 mile or more than 200 miles. I have to start a company that has rates that are less expensive than both of the other two car rentals. rates must not be less expensive than both of the other compainies rates outside this interval. Must compare my price structure to the other two numerically, algebraically, and graphically. must compare a fierce advertinsing campaign, quoting unbeatabel prices for trips in this range while ...

Solution Summary

This shows how to create a company pricing structure to be competitive in a given situation.

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