2. Sid and Nancy are marketing managers for competing running shoe companies. They are comparing their annual profit equations in tems of the number of pairs of shoes manufactured and sold. Sid's equation is P = -6n? + 72n- 192. Nancy's equation is P = -8n2 + 40n- 32. In both equations, P is the profit, in thousands of dollars, and n is the number of pairs of shoes manufactured and sold, in thousands. a) Compare the companies in terms of maximum profit, the number of pairs of shoes manufactured to reach the maximum profit, and the break-even points (when each company's profit is zero dollars). b) Choose either Sid or Nancy's equation. Using vertex form, describe the transformations of their Profit equation.

2. Sid and Nancy are marketing managers for competing running shoe companies. They are comparing their annual profit equations in tems of the number of pairs of shoes manufactured and sold. Sid's equation is P = -6n? + 72n- 192. Nancy's equation is P = -8n2 + 40n- 32. In both equations, P is the profit, in thousands of dollars, and n is the number of pairs of shoes manufactured and sold, in thousands. a) Compare the companies in terms of maximum profit, the number of pairs of shoes manufactured to reach the maximum profit, and the break-even points (when each company's profit is zero dollars). b) Choose either Sid or Nancy's equation. Using vertex form, describe the transformations of their Profit equation.

Algebra for College Students

10th Edition

ISBN:9781285195780

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter12: Algebra Of Matrices

Section12.CM: Cumulative Review Problem Set

Problem 115CM

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Similar questions

Kenneth currently sells suits for company A at a salary of $22,000 plus a $10 commission for each suit sold. Company B offers him a position with a salary of $28,000 plus a $4 commission for each suit sold. How many suits would Kenneth need to sell for the options to be equal?

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