Suppose that the monthly revenue in thousands of dollars, for the sale of x hundred unit of an electronic item is given by the function 40x?e- -0.4x R = + 30, where the maximum capacity of the plant is 800 units. Determine the number of units to produce in order to MAXIMIZE revenue.

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter4: Polynomial And Rational Functions
Section4.1: Quadratic Functions
Problem 6SC: A company that makes and sells baseball caps has found that the total monthly cost C in dollars of...
icon
Related questions
Question
Suppose that the monthly revenue in thousands of dollars, for the sale of x hundred units
of an electronic item is given by the function
R = 40x²e¬0.4x
+ 30,
where the maximum capacity of the plant is 800 units. Determine the number of units to produce in
order to MAXIMIZE revenue.
Transcribed Image Text:Suppose that the monthly revenue in thousands of dollars, for the sale of x hundred units of an electronic item is given by the function R = 40x²e¬0.4x + 30, where the maximum capacity of the plant is 800 units. Determine the number of units to produce in order to MAXIMIZE revenue.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 5 steps with 3 images

Blurred answer
Recommended textbooks for you
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell