- #1
Jeremy111
- 1
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Hi all,
I am experiencing some problems in solving this simple problem regarding optimization. Here it is:
A fitness center charges $500 for each registration per group of 20 people. The cost will diminish by $5 every time a new member registers. For example, if the group is now formed of 21 people, the cost of each registration will then be $495.
I know it is not that hard, but I don't get the idea behind the group of 20 people where each additional member diminishes the cost of each registration. I need to find the maximum revenue, but how can you write this equation in the first place?
Thanks!
Jeremy
I am experiencing some problems in solving this simple problem regarding optimization. Here it is:
A fitness center charges $500 for each registration per group of 20 people. The cost will diminish by $5 every time a new member registers. For example, if the group is now formed of 21 people, the cost of each registration will then be $495.
I know it is not that hard, but I don't get the idea behind the group of 20 people where each additional member diminishes the cost of each registration. I need to find the maximum revenue, but how can you write this equation in the first place?
Thanks!
Jeremy