The amount of fish caught per week on a trawler #9525

The amount of fish caught per week on a trawler

The amount of fish caught per week on a trawler is a function of the crew size assigned to
operate the boat. Based on past data, the following production schedule was developed:

CREW SIZE (NUMBER AMOUNT OF FISH CAUGHT PER

OF WORKERS) WEEK (HUNDREDS OF LBS)
2 .................... 3 3.................. .. 6
4 ................... 11
5 ................... 19
6 ................... 24
7 ................... 28
8 ................... 31
9 ................... 33
10 .................... 34
11 .................... 34
12 .................... 33

a. Over what ranges of workers are there

(i) Increasing,
(ii) Constant,
(iii) Decreasing, and
(iv) Negative returns?
b. How large a crew should be used if the trawler owner is interested in maximizing the total
amount of fish caught?
c. How large a crew should be used if the trawler owner is interested in maximizing the average
amount of fish caught per person?

The amount of fish caught per week on a trawler

ANSWER
http://paperinstant.com/downloads/the-amount-of-fish-caught-per-week-on-a-trawler/

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