(ASSIGNMENT TEMPLATE – ENGLISH VERSION) (COVER PAGE)

BBMP1103

MATHEMATICS FOR MANAGEMENT

Question 1 (a)

y₂ - y₁
m=
x₂ - x₁

2 – 10
m=
1–2

-8
m=
-1

m=8

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Question 1 (b)

8x + 4y – 2 = 0
8x + 4y = 2
4y = -8x + 2
-8x + 2
𝑦=
4
1
y = -2x +
2

m₁ = -2

m₁ x m₂ = -1
-2 x m₂ = -1
1
m2 =
2

1
x = 2, y = 8, c=
2

y = mx + c
1
8 = 2 (2) + c

8=1+c
c=8–1
c=7

1
y= x+7
2

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Question 1 (c)

y = x² + 6x + 8 = 0

a=1 b=6 c=8

−𝑏 ± √𝑏 2 − 4𝑎𝑐
𝑥=
2𝑎

-6 ± √6² – 4(1)(8)
𝑥=
2(1)

-6 ± √36 – 32
𝑥=
2

-6 ± √4
𝑥=
2

-6 ± 2
𝑥=
2

-6 + 2 -6 – 2
𝑥= , 𝑥=
2 2

x = -2 , x = -4

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Question 2

Linear and quadratic application play an important role in economics. Here are few
points for the importance of linear and quadratic applications to discuss with:

To Determine Prices, Revenue and Profit

The use of linear application can assist the company in making several crucial
decisions such as determine the selling price of products, estimate revenues and
profits can be obtain when new products are introduce to the market. The company
are able to prevent loss from the products supplied to the market through the finding
of break-even point. For example, a skincare company are able to identify the best
selling price for their new skincare products and the best quantity to supply to the
beauty market through the linear application.

To Allocate Cost in Departments

Linear application can be used to identify the actual costs has incurs in certain
department during the produce of a product. For instance, a manufacturing company
using quadratic application to identify the actual costs for one of the production team.
The company are able to justify which production team incurs the highest cost when
produce a product. Hence, the company can propose plan for cost down and to obtain
better cost control in the production.

To Identify the Demand and Supply Level

Quadratic application allow the company to obtain the market equilibrium point
before the produce of products. A company can plan for the production based on the
demand level of the products. Besides that, the company may practice the law of
supply through the finding of equilibrium point. The higher the price for the product,
the more quantity can be supply to the market. And this can generate greater profit for
the company and the company can use the earnings to supply for more products and
generate remarkable profit.

To Determine Time, Distance or Speed

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The application of quadratic can be used to calculate time, distance or speed of an
item or things. For example, a car manufacturing company can apply quadratic
equation to test the brake system of their cars. By obtaining the time and distance
needed for a car to stop can help the company in customise the design or functions of
the car too. In addition, the company may use the information obtained for better
quality control and improve the deficiency of products.

Page 5 of 8
Question 3 (a)

p = break-even point in RM
q = units to be sold to achieve break-even point

Total Revenue = Unit Price x Total Quantity Sold

= RM 40q

Total Cost = Fixed Cost + Variable Cost

= RM 800 + RM 30q

Break-even point in unit:

RM 40q = RM 800 + RM30q
RM 40q – RM 30q = RM 800
RM 10q = RM 800
q = RM 800 / RM 10
q = 80 units

Break-even point in RM:

p = Unit Price x Total Quantity Sold
p = RM 40q
p = RM 40 x 80 units
p = RM 3,200

Page 6 of 8
Question 3 (b)

q = units needs to be sold to achieve a profit of RM 2,000

Total Revenue = Unit Price x Total Quantity Sold

= RM 40q

Total Cost = Fixed Cost + Variable Cost

= RM 800 + RM 30q

Profit = Total Revenue – Total Costs

RM 2,000 = RM 40q – (RM30q + RM 800)
RM 2,000 = RM 10q – RM 800
RM 10q = RM 2,000 + RM 800
RM 10q = RM 2,800
q = RM 2,800 / RM 10
q = 280 units

Page 7 of 8
Question 4

Option 1 = RM 470,000

Option 2

Payment received in year 1:

r nk
S = P (1+ )
k
S = RM 100,000 (1 + 0.08/1) ^ 9(1)
S = RM 100,000 (1.999004627)
S = RM 199,900.46

Payment received in year 5:

r nk
S = P (1+ )
k
S = RM 130,000 (1 + 0.08/1) ^ 5(1)
S = RM 130,000 (1.469328077)
S = RM 191,012.65

Payment received in year 10:

r nk
S = P (1+ )
k
S = RM 50,000 (1 + 0.08/1) ^ 1(1)
S = RM 50,000 (1.08)
S = RM 54,000

Total Amount Received for Option 2 = RM 199,900.46+RM 191,012.65+RM 54,000

= RM 444,913.11

Conclusion: Djamil should choose option 1 as payment method as the value of option
1 is higher than option 2.

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