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8 March, 03:44

A laptop company has discovered their cost and revenue functions for each day: c (x) = 3x2 - 10x + 200 and r (x) = - 2x2 + 100x + 50. if they want to make a profit, what is the range of laptops per day that they should produce? round to the nearest number which would generate profit.

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  1. 8 March, 07:39
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    Given that:

    c (x) = 3x2 - 10x + 200

    and

    r (x) = - 2x2 + 100x + 50

    Profit is given by:

    P (x) = r (x) - c (x)

    P (x) = (-2x2 + 100x + 50) - (3x2 - 10x + 200)

    P (x) = - 5x^2+110x-150

    thus:

    at maximum profit P' (x) = 0

    thus:

    P' (x) = - 10x+110=0

    hence:

    x=11

    thus the number of units required for one to make profit is 11 units
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