(1) minimize the cost of shipping m units to ndestinations or (2) maximize the profit of shipping m units to n destinations.
To earn a profit of 10,000 in Shop Empire 2, focus on optimizing your store layout and stocking high-demand items to attract more customers. Upgrade your store facilities and staff to improve service efficiency and customer satisfaction, which will boost sales. Additionally, keep an eye on your expenses and manage your inventory effectively to minimize waste. Regularly reinvest your profits into expanding and enhancing your store to achieve your profit goal faster.
Profit = (profit percentage / 100) x gross income
The basic formulas for profit are represented as follows: Profit = Price - Cost % Profit = Profit / Cost So, if an item sold for 2,602.58 and cost 2,090.42, the profit (absolute) is : Profit = 2,602.58 - 2,090.42 = 512.16 The % profit (relative to the cost) is: % Profit = 512.16 / 2,090.42 = 24.5%
Add the profit margin (cost*profit%) to the cost. Add the profit margin (cost*profit%) to the cost. Add the profit margin (cost*profit%) to the cost. Add the profit margin (cost*profit%) to the cost.
The profit motive
To minimize cost in order to maximized profit.
Minimize cost and maximize revenue
Profit = total revenue - total costs is the fundamental mathematical equation for business.
Role of chartered accountants is to minimize cost and to maximize profit.
The profit Motive
Minimize costs and maximize revenues.
Minimize costs and maximize revenues.
The profit motive.
Minimize costs and maximize revenue.
Minimize costs and maximize revenues
the profit motive