Demonstration Project Solution Desired
- To: mathgroup at smc.vnet.net
- Subject: [mg118297] Demonstration Project Solution Desired
- From: BenT <brtubb at pdmusic.org>
- Date: Wed, 20 Apr 2011 04:30:00 -0400 (EDT)
Say you have this problem: You want to sell a book with a $10 profit margin. Estimate the costs of materials: 1 ream = 500 sheets costing about $20); Plastic Coil Spiral Binder cost about $12 per dozen; One time cost of a binding machine of about $130; Ink cartridges cost about $100 per 5000 pages; One time Laser (b/w) Printer cost of about $500; Wholesale discount price should be 30% less than retail. (i.e. for retailers, and distributors only) Library discount price should be 10% less than retail. A bulk-order discount of 10% is available for 10 or more copies. Solve set up the problem for the user to input the (1) number of pages of the book, and the desired (2) profit margin; and output the (1) wholesale trade discount 30%, the (2) library/bulk discount of 10%, and finally the needed (3) retail price to make the desired profit. Can anyone solve the problem in a Demonstration Project for version 7 or >?