Suppose a corporation manufactures candles at two locations. The cost of producing *1units at location 1 is C₁=0.08x1² +4x1+500 and the cost of producing *2 units at location 2 is C₂=0.02x2²+4x2+350 2 The candles sell for $12 per unit. Find the quantity that should be produced at each location to maximize the profit P = 12(x₁+x2)-C₁-C₂.
Suppose a corporation manufactures candles at two locations. The cost of producing *1units at location 1 is C₁=0.08x1² +4x1+500 and the cost of producing *2 units at location 2 is C₂=0.02x2²+4x2+350 2 The candles sell for $12 per unit. Find the quantity that should be produced at each location to maximize the profit P = 12(x₁+x2)-C₁-C₂.
Algebra & Trigonometry with Analytic Geometry
13th Edition
ISBN:9781133382119
Author:Swokowski
Publisher:Swokowski
Chapter3: Functions And Graphs
Section: Chapter Questions
Problem 16T
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