A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are given below. p=600-0.1x and C(x) = 25,000 + 140x %3D (A) What price should the company charge for the phones, and how many phones should be produced to maximize the weekly revenue? What is the maximum weekly revenue? phones each week at a price of S The company should produce (Round to the nearest cent as needed.) (Round to the nearest cent as needed) The maximum weekly revenue is $ (B) What price should the company charge for the phones, and how many phones should be produced to maximize the weekly profit? What is the maximum weekly profit? should produce (Round to the nearest cent as needed.) phones each week at a price of S The company The maximum weekly profit is $ (Round to the nearest cent as needed.) an Enter your answer in each of the answer boxes.

A company manufactures and sells x cellphones per week. The weekly price-demand and cost equations are given below. p=600-0.1x and C(x) = 25,000 + 140x %3D (A) What price should the company charge for the phones, and how many phones should be produced to maximize the weekly revenue? What is the maximum weekly revenue? phones each week at a price of S The company should produce (Round to the nearest cent as needed.) (Round to the nearest cent as needed) The maximum weekly revenue is $ (B) What price should the company charge for the phones, and how many phones should be produced to maximize the weekly profit? What is the maximum weekly profit? should produce (Round to the nearest cent as needed.) phones each week at a price of S The company The maximum weekly profit is $ (Round to the nearest cent as needed.) an Enter your answer in each of the answer boxes.

College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter6: Linear Systems

Section6.CR: Chapter Review

Problem 70E: A company manufactures two fertilizers, x and y. Each 50-pound bag of fertilizer requires three...

See similar textbooks

Similar questions

A company manufactures two fertilizers, x and y. Each 50-pound bag of fertilizer requires three ingredients, which are available in the limited quantities shown in the table. The profit on each bag of fertilizer x is 6 and on each bag of y is 5. How many bags of each product should be produced to maximize the profit? Ingredient Number of Pounds in Fertilizer x Number of Pounds in Fertilizer y Total number of Pounds Available Nitrogen 6 10 20,000 Phosphorus 8 6 16,400 Potash 6 4 12,000
The manufacturer of a weight training bench spends $120 to build each bench and sells them for $170. The manufacturer also has fixed costs each month of $150,000. (a) Find the cost function C when x benches are manufactured. (b) Find the revenue function R when x benches are sold. (c) Show the break-even point by graphing both the Revenue and Cost functions on the same grid. (d) Find the break-even point. Interpret what the break-even point means.
The manufacturer of a water bottle spends $5 to build each bottle and sells them for $10. The manufacturer also has fixed costs each month of $6500. (a) Find the cost function C when x bottles are manufactured. (b) Find the revenue function R when x bottles are sold. (c) Show the break-even point by graphing both the Revenue and Cost functions on the same grid. (d) Find the break-even point. Interpret what the break-even point means.
Use your schools library, the Internet, or some other reference source to find the real-life applications of constrained optimization.