Jane owns a bakery and she wishes to apply quantitative

Last updated: 6/23/2023

Jane owns a bakery and she wishes to apply quantitative modelling to her small business She estimates that the demand for her pullman loaves can be defined as in the following d x 2be where b 0 and is a constant Given that the loaves sell at price x pesos formulate an optimization model that would allow her to maximize her revenue At what selling price of the loaves will the optimal revenue be achieved Selling Price Given the optimal selling price how much revenue should Jane expect to receive round off to 4 decimal places Optimal Revenue