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DSC1520 ALL ASSIGNMENTS 1, 2, 3 & 4 SEMESTER 1 2024 Quantitative Modelling I - DSC1520,
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DSC1520 ALL ASSIGNMENTS 1, 2, 3 & 4 SEMESTER 1 2024 Quantitative Modelling I - DSC1520,
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PASSMATE TUTORIALS passmatetutorials@gmail.comDISCLAIMER: THIS IS NOT AN OFFICIAL GUIDE FROM UNISA. THE FRAMEWORK IS NOT PREPARED NOR
APPROVED BY UNISA, RATHER REPRESENTS A POSSIBLE SOLUTION TO THE TASK CONSISTENT WITH
THEORY. THIS FRAMEWORK IS ONLY INTENDED TO ASSIST STUDENTS IN GETTING STARTED WITH
THEIR ASSIGNMENT, AND IN NO CASE THIS DOCUMENT SHOULD BE USED FOR CHEATING, THUS NO
STUDENT IS ENCOURAGED TO COPY THIS DOCUMENT, NOR ITS SECTIONS FOR SUBMISSION. WE
BELIEVE THE FRAMEWORK WILL BE A GOOD STARTING POINT AS IT WAS PREPARED BY OUR TEAM OF
PROFESSIONAL PRIVATE TUTORS WHO ARE EXPERTS IN THE FIELD, AND IT WAS PREPARED USING
VARIOUS SOURCES. ANY SIMILARITY WITH ANY EXISTING THEORY OR DISCUSION BY OTHER AUTHORS
IS EXCUSED. THE AUTHORS HOWEVER DO NOT CLAIM MONOPOLY TO KNOWLEDGE HENCE
MODIFICATION OF THE ANSWERS CONTAINED IN THIS FRAMEWORK MAY NOT BE PROHIBITED AS IT
CONTRIBUTES TO EXPANSION OF KNOWEDGE. FOR ANY FURTHER GUIDELINE ABOUT THE
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CONTACT PASSMATE TUTORIALS @ 061 262 1185/068 053 8213/0717513144
, PASSMATE TUTORIALS passmatetutorials@gmail.com
C = a + bQ
40 = a + 10b: a = 40 – 10b
70 = a + 20b
70 = 40 – 10b + 20b
70 = 40 +10b
30 = 10b
3=b
a = 40 – 30 = 10
C of producing 35 units = 10 + 3*35 = R115,00
CONTACT PASSMATE TUTORIALS @ 061 262 1185/068 053 8213/0717513144
, PASSMATE TUTORIALS passmatetutorials@gmail.com
TR = total output (Q) multiplied by price (P) per unit = QP ****************
TR = (6000-30P)P = 6000P – 30P2
CONTACT PASSMATE TUTORIALS @ 061 262 1185/068 053 8213/0717513144
, PASSMATE TUTORIALS passmatetutorials@gmail.com
Profit = Total Revenue (TR) – Total Cost (C(Q))
TR = 6000P – 30P2 – (5000 + 2Q)
6000P – 30P2 – (5000+2(6000-30P))
6000P – 30P2 – 5000 – 12000 + 60P
6060P – 30P2 - 17 000
TR = – 30P2 + 6060P -17 000
CONTACT PASSMATE TUTORIALS @ 061 262 1185/068 053 8213/0717513144
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