3)The owner of a small-appliance manufacturer finds that if the firm produces and sells x blenders monthly, the total monthly profit P (in dollars) is given by P(x)=8x+0.3x2-0.0013x3-372. The owner wants to produce no more than 225 blenders/month in order to maintain quality. a)Find the y-intercept and explain what it means in this context. b)Find the x-intercept(s) and explain what they mean in this context. c)Determine the domain of the function in the context of this problem. d)How many blenders per month should the company produce in order to have a monthly profit of at least $3000. e)How many blenders should be produced in order to maximize profit? What would the annual profit be, rounded to the nearest dollar, if that many were produced and sold?
3)The owner of a small-appliance manufacturer finds that if the firm produces and sells x blenders monthly, the total monthly profit P (in dollars) is given by P(x)=8x+0.3x2-0.0013x3-372. The owner wants to produce no more than 225 blenders/month in order to maintain quality.
a)Find the y-intercept and explain what it means in this context.
b)Find the x-intercept(s) and explain what they mean in this context.
c)Determine the domain of the function in the context of this problem.
d)How many blenders per month should the company produce in order to have a monthly profit of at least $3000.
e)How many blenders should be produced in order to maximize profit? What would the annual profit be, rounded to the nearest dollar, if that many were produced and sold?
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