Nama : NIM :

LATIHAN UJIAN
PROGRAM S1 BISNIS PRASETIYA MULYA

Mata Kuliah : BOPR5201 Business Mathematics

Periode : 7 December 2012
Waktu : 50 menit
Sifat : Open book, Scientific Calculator allowed

Test Instruction:
Write your NIP and Name on top of the question sheet.
Since you will not be given any blank paper, you may use the back of the question sheets to
write down your notes or calculations.
It contains 5 multiple choice questions and 2 essay. For multiple choice questions, each
question has only one correct answer.
All students have to submit both question and answer sheet to their invigilator before
leaving the room.

MULTIPLE CHOICE (@ 8 point) ---- 20 minutes

1. Differentiate the following equation :

= 400 1.2 ln( )
+4
The right answer will be....
1.2+4.8
a. = 400
1.2
b. = 400 ( 2 +4)
4
c. = 400 ( 2 +4)
4.8
d. = 400 ( 2 +4)

2. The total cost function for a company is given by TC = 0.75 x2 7x + 27. The level of output
which minimizes average cost will be ..... (round it to whole number)
a. 4 units
b. 5 units
c. 6 units
d. None of the above

3. A firm knows that the demand function for one of their products in linear. They also know that
they can sell 1000 units when the price is $4/unit and 1500 units when the price is $2/unit. The
maximum revenue for the product is.....
a. $12000
b. $4000
c. $1000
d. None of the above
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4. If the marginal cost of producing x units of comodity is given by C(x) = 0.3x2 + 2x and the fixed
cost is $2000, then the cost of producing 20 units will be....
a. 2160
b. 3200
c. 7600
d. 1200

5. The rate of change of the income produced by a vending machine located at an airport is given
by :
() = 5000 0.04

where t is time in years since the installation of the machine. The total income produced by the
machine during the first 5 years is.....
a. $44
b. $244
c. $27675
d. $152675

ESSAY (@ 30 point) --- 30 minutes

1. A department store sells two brands of inexpensive calculators. The store pays $6 for each
brand A calculator and $8 for each brand B calculator. The research department has estimated
the weekly demand equations for these two products to be:
Qa = 116 30Pa + 20Pb (demand equation for brand A)
Qb = 144 + 16Pa 24Pb (demand equation for brand B)
Where Pa is the selling price for brand A and Pb is the selling price for brand B.
a. How should the store price each calculator to maximize weekly profits?
b. What is the maximum weekly profit?
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2. If a company has a total cost function TC = 100 + 120Q + 6Q2 for a product whose demand is
given by : P = 360 3Q -2Q2,
a. How many Q should be sold to maximize the profit?
b. How can you prove that the profit is maximized?
c. Find the consumers surplus at the point where the company has maximum profit.