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A company produces two types of solar panels per year: x thousand of type A and y thousand of type B. The revenue and cost equations, in millions of dollars, for the year are given as follows. R(x.y) = 3x + 2y C(x.y) =x-4xy+8y+ 17x-74y-4 Detemine how many of each type of solar panel should be produced per year to maximize profit. The company will achieve a maximum profit by selling solar panels of type A and selling solar panels of type B. The maximum profit is $ million.

A company produces two types of solar panels per year: x thousand of type A and y thousand of type B. The revenue and cost equations, in millions of dollars, for the year are given as follows. R(x.y) = 3x + 2y C(x.y) =x-4xy+8y+ 17x-74y-4 Detemine how many of each type of solar panel should be produced per year to maximize profit. The company will achieve a maximum profit by selling solar panels of type A and selling solar panels of type B. The maximum profit is $ million.

College Algebra (MindTap Course List)
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...
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A company produces two types of solar panels per year: x thousand of type A and y thousand of type B. The revenue and cost equations, in millions of dollars, for the year are given as follows. R(x.y) = 3x+2y C(x.y) =x-4xy + 8y + 17x-74y-4 Detemine how many of each type of solar panel should be produced per year to maximize profit. The company will achieve a maximum profit by selling solar panels of type A and selling solar panels of type B. The maximum profit is $ million. Enter your answer in each of the answer boxes.
Transcribed Image Text:A company produces two types of solar panels per year: x thousand of type A and y thousand of type B. The revenue and cost equations, in millions of dollars, for the year are given as follows. R(x.y) = 3x+2y C(x.y) =x-4xy + 8y + 17x-74y-4 Detemine how many of each type of solar panel should be produced per year to maximize profit. The company will achieve a maximum profit by selling solar panels of type A and selling solar panels of type B. The maximum profit is $ million. Enter your answer in each of the answer boxes.
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