College Algebra 7th Edition

Published by Brooks Cole
ISBN 10: 1305115546
ISBN 13: 978-1-30511-554-5

Chapter 3, Polynomial and Rational Functions - Section 3.1 - Quadratic Functions and Models - 3.1 Exercises - Page 289: 53

Answer

$100$ units for $4000$ dollars.

Work Step by Step

First, let rewrite the function so that the terms are in the usual order: $R(x)=-0.4x^2+80x$ In this quadratic function, $a=-0.4$, $b=80$ and $c=0$. With this information known, we can find when the maximum value occurs, as well as the maximum value of the function: The maximum value occurs at: $x=\frac{-b}{2a}=\frac{-80}{-0.8}=100$ Therefore, the maximum value is: $R(100)=-0.4*100^2+80*100=-0.4*10000+8000=-4000+8000=4000$ In conclusion, the maximum revenue is $4000$ dollars, and they need to manufacture $100$ units to harness that revenue.
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