A manufacturer sells each of his TV sets for $85. The cost C(in dollars) of manufacturing and selling a TV sets per week is C(x) = 1,500 + 10x +0.005x² if at most 10, 000 sets can be produced per week, how many sets should be made and sold to maximize the weekly profit?

A manufacturer sells each of his TV sets for $85. The cost C(in dollars) of manufacturing and selling a TV sets per week is C(x) = 1,500 + 10x +0.005x² if at most 10, 000 sets can be produced per week, how many sets should be made and sold to maximize the weekly profit?

Engineering Fundamentals: An Introduction to Engineering (MindTap Course List)

5th Edition

ISBN:9781305084766

Author:Saeed Moaveni

Publisher:Saeed Moaveni

Chapter20: Engineering Economics

Section: Chapter Questions

Problem 24P

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Question

A manufacturer sells each of his TV sets for $85. The
cost C(in dollars) of manufacturing and selling a TV sets per
week is
C(x) = 1,500 + 10x +0.005x²
if at most 10, 000 sets can be produced per week, how many sets
should be made and sold to maximize the weekly profit?

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