Optimization Problem Use Calculus A company that produces chemicals used in manufacturing sells a certain product for $200 per unit. The total production cost for the product is C(x)=500,000+80x+0.003x2 The company can produce no more than 30,000 units during a given time period. How many units of the chemical product should be manufactured and sold to maximize profit?
Optimization Problem Use Calculus A company that produces chemicals used in manufacturing sells a certain product for $200 per unit. The total production cost for the product is C(x)=500,000+80x+0.003x2 The company can produce no more than 30,000 units during a given time period. How many units of the chemical product should be manufactured and sold to maximize profit?
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter9: Systems Of Equations And Inequalities
Section9.4: Linear Programming
Problem 15E
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Optimization Problem
Use Calculus
A company that produces chemicals used in manufacturing sells a certain product for $200 per unit. The total production cost for the product is
C(x)=500,000+80x+0.003x2
The company can produce no more than 30,000 units during a given time period. How many units of the chemical product should be manufactured and sold to maximize profit?
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