Maximum Revenue Jesaki Electronics manufactures and sells x smartphones per week. The weekly price-demand and cost equations are, respectively, p = 540 -0.39 x and C(x) = 20,404 + 22 x. Suppose Jesaki Electronics wants to maximize weekly revenue. Compute the following quantities. 1. How many phones should be produced each week? phones. Round to 2 decimal places. 2. What price should Jesaki charge for the phones? $ per phone. Round to the nearest cent. 3. What is the maximum weekly revenue? $ Round to the nearest cent. per week. Enter the result for 1.
Maximum Revenue Jesaki Electronics manufactures and sells x smartphones per week. The weekly price-demand and cost equations are, respectively, p = 540 -0.39 x and C(x) = 20,404 + 22 x. Suppose Jesaki Electronics wants to maximize weekly revenue. Compute the following quantities. 1. How many phones should be produced each week? phones. Round to 2 decimal places. 2. What price should Jesaki charge for the phones? $ per phone. Round to the nearest cent. 3. What is the maximum weekly revenue? $ Round to the nearest cent. per week. Enter the result for 1.
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter9: Systems Of Equations And Inequalities
Section9.4: Linear Programming
Problem 16E
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