Math hotel guest and profit problems

  • Thread starter hancyu
  • Start date
In summary: To get the quadratic equation, you need to express the revenue as a function of the number of guests. Since there are different charges for different numbers of guests, this will be a piecewise function. For example, if there are 30 guests, the revenue will be 1000*30 = 30000. If there are 29 guests
  • #1
hancyu
57
0

Homework Statement



1. A small resort in Payatas expects 30 guests if they charge P1000 per room. However, they notice that for every P50 increase in this rate, the number of expected guests decreases by one. If the company shoulders P100 as operational cost for every room that they lease,
(a) how much revenue would the resort get if they accommodate 28 guests?
(b) how much profit would the resort gain if they charge P1400 per room?
(c) what is the ideal number of guests? (i.e. that maximizes the profit)
(d) how much should the resort charge the use of its rooms to meet the ideal number of
guests?

2. The equation
x^2 /16 + y^2 /9 = 1
is an ellipse with center at the origin and
whose graph appears on the right. Find the
area of the square that can be inscribed (or
fitted) in this ellipse.

3. Suppose the function f(x) has 16 distinct zeros whose sum is 23, find the sum of the zeros of
the function f(3x − 4).

Homework Equations



i don't know how to get the quadratic eqn for 1.2. x^2 /16 + y^2 /9 = 1

x = y therefore x^2 /16 + x^2 /9 = 1
x = 12/5 and -12/5

what does that mean?

3. sorry i have no clue how to answer this
 
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  • #2
hancyu said:

Homework Statement



1. A small resort in Payatas expects 30 guests if they charge P1000 per room. However, they notice that for every P50 increase in this rate, the number of expected guests decreases by one. If the company shoulders P100 as operational cost for every room that they lease,
(a) how much revenue would the resort get if they accommodate 28 guests?
This is ambiguous as they might get 28 guests no matter how much they charge. However, you are supposed to assume that this 28 guests fits the "expected" number. 28 is 2 less than 30 so how much more than 1000 were they charging each guest? 28 guests at that charge per guest is how much?

(b) how much profit would the resort gain if they charge P1400 per room?
Much the same. 1400 is 400= 8(50) so how many guests should they expect?

(c) what is the ideal number of guests? (i.e. that maximizes the profit)
(d) how much should the resort charge the use of its rooms to meet the ideal number of
guests?
For these last two you will need the general formula which you should be able to get by thinking about (a) and (b). If you want C= f(N), how much they charge as a function of number of guests, start with 1000 and subtract 50 for each guest less than 30 (i.e. subtract 50(30- N). Of course, the revenue is the charge times the number of guests. Since that is a quadratic function you find the maximum (vertex of the parabola) by completing the square.


2. The equation
x^2 /16 + y^2 /9 = 1
is an ellipse with center at the origin and
whose graph appears on the right. Find the
area of the square that can be inscribed (or
fitted) in this ellipse.

3. Suppose the function f(x) has 16 distinct zeros whose sum is 23, find the sum of the zeros of
the function f(3x − 4).

Homework Equations



i don't know how to get the quadratic eqn for 1.


2. x^2 /16 + y^2 /9 = 1

x = y therefore x^2 /16 + x^2 /9 = 1
x = 12/5 and -12/5

what does that mean?
It doesn't mean anything. You have no reason to think that "y= x" on the ellipse. What are the lengths of the two axes? Have you drawn a picture? Do so and then draw a square around it. Notice that it must fit the LONGEST axis.

3. sorry i have no clue how to answer this[/QUOTE]
Saying that a polynomial has "16 distinct zeros" means it can be written as a product:
[itex](x- a_1)(x- a_2)(x- a_3)\cdot\cdot\cdot(x- a_{16}[/itex]
That their sum is 23 tells you that [itex]a_1+ a_2+ a_3+ \cdot\cdot\cdot+ a_{16}= 23[/itex].
 
Last edited by a moderator:
  • #3
a. each room is 1100

28 guests * 1100 = 30800
but i should subtract 2800 because 100 is subsidized by the 'resort

a. should b **28000**

b. at 1400 there are 22 guests...
1400*22 = 30800
subtract 2200

b. should be **28600**

how should i get the quadratic eqn to solve for the max. pt?
 
  • #4
hancyu said:
2. The equation
x^2 /16 + y^2 /9 = 1
is an ellipse with center at the origin and
whose graph appears on the right. Find the
area of the square that can be inscribed (or
fitted) in this ellipse.

2. x^2 /16 + y^2 /9 = 1

x = y therefore x^2 /16 + x^2 /9 = 1
x = 12/5 and -12/5

what does that mean?

Hi hancyu! :smile:

I think they mean the largest "upright" square, with its sides parallel to the axes.

EDIT: I should have drawn a diagram first :redface:

always draw a diagram!

No, I don't think they meant that … but the result is the same …

at least one diagonal of the square must touch the ellipse at both ends …

so at what angle is the shorter of two perpendicular chords of the ellipse the longest? :wink:

Then the points at which the chord touches the ellipse will be on the line … ? :smile:
3. Suppose the function f(x) has 16 distinct zeros whose sum is 23, find the sum of the zeros of
the function f(3x − 4).

sorry i have no clue how to answer this

(it needn't be a polynomial)

If you're confused :confused:, go one step at a time :wink:

If the zeros of f(x) are a b c d …,

what are the zeros of f(3x)?

And then what are the zeros of f(3x - 4)? :smile:
 
Last edited:
  • #5
tiny-tim said:
(it needn't be a polynomial)

If you're confused :confused:, go one step at a time :wink:

If the zeros of f(x) are a b c d …,

what are the zeros of f(3x)?

And then what are the zeros of f(3x - 4)? :smile:

the zeros of f(3x) are 3x-a, 3x-b, 3x-c, 3x-d...

then the zeros of f(3x-4) are 3x-4a, 3x-4b...

is that correct?
 
  • #6
hancyu said:
the zeros of f(3x) are 3x-a …


No … if 3x-a was a zero of f(3x), then f(3(3x-a)) would be zero … and it isn't.

Hint: f(a) = 0, so f(3(what)) = 0 ? :smile:
 
  • #7
a/3 ?

so the zero should be... a/3 +4 , b/3 +4...
 
  • #8
hancyu said:
a/3 ?

so the zero should be... a/3 +4 , b/3 +4...

erm … is f(3(a/3 + 4) - 4) = 0? :rolleyes:

(always write things out in full!)
 
  • #9
f(a/3 + 4/3) = 0 ?
 
  • #10
hancyu said:
a. each room is 1100

28 guests * 1100 = 30800
but i should subtract 2800 because 100 is subsidized by the 'resort
I would say that the revenue is 30800 while the profit is 30800- 2600

a. should b **28000**

b. at 1400 there are 22 guests...
1400*22 = 30800
subtract 2200

b. should be **28600**

how should i get the quadratic eqn to solve for the max. pt?

I pretty much gave you the formula for the price that will produce a given number of guests: "start with 1000 and subtract 50 for each guest less than 30 (i.e. subtract 50(30- N)."
That, you can expect N guests if you charge C= 1000- 50(30-N)= 1000- 1500+ 50N= 50N- 500. Revenue then is CN= (50N- 500)N= 50N2- 500N. The profit is given by that minus cost (100N) so profit is 50N2- 500N- 100N= 50N2- 600N.
 
  • #11
hancyu said:
f(a/3 + 4/3) = 0 ?

:biggrin: Woohoo! :biggrin:

(I'm assuming you mean f(3(a/3 + 4/3) - 4) = 0 :wink:)

So the sum of all 16 zeros of f(3x - 4) is … ? :smile:

(btw, how are you doing with the ellipse/square question)
 
  • #12
tiny-tim said:
:biggrin: Woohoo! :biggrin:

(I'm assuming you mean f(3(a/3 + 4/3) - 4) = 0 :wink:)

So the sum of all 16 zeros of f(3x - 4) is … ? :smile:

(btw, how are you doing with the ellipse/square question)

how do i get the sum...there are 16 unknown variables...a,b,c,d,e...p


i think i got the answer on the ellipse problem... length of each side is 24/5

area is 576/25.
 
  • #13
hancyu said:
i think i got the answer on the ellipse problem... length of each side is 24/5

area is 576/25.

That's it! :smile:
how do i get the sum...there are 16 unknown variables...a,b,c,d,e...p

Hint: call the new zeros a',b',c',d',e'...p'.

What is the equation that gives you the value of a'? :smile:
 
  • #14
f(3(a/3 + 4/3) - 4) = 0 ?
 
  • #15
hancyu said:
f(3(a/3 + 4/3) - 4) = 0 ?

Yes, but with a' on the LHS:

a' = a/3 + 4/3. :rolleyes:

So what is a' + b' + … + p' ? :smile:
 
  • #16
im sorry. i really don't get this. what's a' ?
 
  • #17
hancyu said:
im sorry. i really don't get this. what's a' ?

The zero of f(3x-4) corresponding to a. :smile:
 
  • #18
what is a' + b' + … + p' ? how do i add it? there are many different variables?

is it 1/3(a...p) + 64/3 ?
 
  • #19
hancyu said:
what is a' + b' + … + p' ? how do i add it? there are many different variables?

is it 1/3(a...p) + 64/3 ?

Yes of course it is! :smile:

(Why all the questions? :confused:)

Now can you write it all out properly (perhaps using a1 a2 … a16 instead of a b … p)? :smile:
 
  • #20
ok...

1/3(a1+a2+a3+a4+a5+a6+a7+a8+a9+a10+a11+a12+a13+a14+a15+a16) + 64/3 = 0

so... the sum is 64?
 
  • #21
hancyu said:
ok...

1/3(a1+a2+a3+a4+a5+a6+a7+a8+a9+a10+a11+a12+a13+a14+a15+a16) + 64/3 = 0

erm … I didn't mean write that line in full (writing it with dots is fine :smile:) … I meant writing the whole problem in full.

so... the sum is 64?

No!

(a1+a2+a3+a4+a5+a6+a7+a8+a9+a10+a11+a12+a13+a14+a15+a16) = 23, remember?
 
  • #22
oh. I am really sorry.

1/3(a1...a16) + 64/3 = 23

so the sum is 5 :D
 
  • #23
hancyu said:
oh. I am really sorry.

1/3(a1...a16) + 64/3 = 23

so the sum is 5 :D

You've done the problem in reverse!

If the sum of the zeros of f(x) was 5, then the sum for f(3x-4) would be 23!

Now do it the right way round …

this is why I suggested you write the problem out in full … so that you don't make any mistakes.
 
  • #24
ahhh!

1/3 (23) + 64/3 = 29 ?

so the sum is 29
 
  • #25
hancyu said:
ahhh!

1/3 (23) + 64/3 = 29 ?

so the sum is 29

At last! :biggrin:

Now write it out properly, for yourself, so that you know you can do it in an exam. :wink:
 
  • #26
tiny-tim said:
At last! :biggrin:

Now write it out properly, for yourself, so that you know you can do it in an exam. :wink:

thank you very much!:biggrin:
 

1. How do you calculate the total number of hotel guests?

The total number of hotel guests is calculated by adding up the number of guests for each day of the given time period. For example, if a hotel had 100 guests on Monday, 150 guests on Tuesday, and 200 guests on Wednesday, the total number of guests for the three days would be 450.

2. How do you calculate the average daily profit for a hotel?

The average daily profit for a hotel is calculated by dividing the total profit for a given time period by the number of days in that time period. For example, if a hotel made a total profit of $10,000 in a 7-day time period, the average daily profit would be $1,428.57.

3. How do you determine the occupancy rate for a hotel?

The occupancy rate for a hotel is calculated by dividing the number of occupied rooms by the total number of available rooms. This is usually expressed as a percentage. For example, if a hotel has 200 rooms and 150 of them are occupied, the occupancy rate would be 75%.

4. How do you calculate the average revenue per guest?

The average revenue per guest is calculated by dividing the total revenue for a given time period by the total number of guests for that time period. For example, if a hotel made a total revenue of $50,000 in a 30-day time period with 1,000 guests, the average revenue per guest would be $50.

5. How do you determine the most profitable day for a hotel?

The most profitable day for a hotel is determined by comparing the daily profits for each day of a given time period. The day with the highest profit will be considered the most profitable day. For example, if a hotel made $5,000 on Monday, $6,000 on Tuesday, and $7,000 on Wednesday, Wednesday would be considered the most profitable day.

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