A company has invested in an online tool that is expected to generate a continuous revenue at a rate that increases 252 thousand TLs per time period t (t= 0 is when the tool begins to function). A continous promotion cost (in thousand TLs) function for 578 time periods, C(t), is also derived for the machine, C(t) = -t2 + 578t. Find out when the tool starts to generate more revenue than cost per time period

A company has invested in an online tool that is expected to generate a continuous revenue at a rate that increases 252 thousand TLs per time period t (t= 0 is when the tool begins to function). A continous promotion cost (in thousand TLs) function for 578 time periods, C(t), is also derived for the machine, C(t) = -t2 + 578t. Find out when the tool starts to generate more revenue than cost per time period

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 30P: A company manufacturers a product in the United States and sells it in England. The unit cost of...

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