SOLUTION: i. Use trial and error to find the quantity of tile sets per month that yields the highest profit.
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Question 121751: i. Use trial and error to find the quantity of tile sets per month that yields the highest profit.
Answer by jim_thompson5910(35256) (Show Source): You can put this solution on YOUR website!
#1 i
Notice that in part g) we had a profit of $475 (which was the largest profit so far). So let's increase x until we find the highest profit.
Let's find the profit when 26 tiles are sold:
Start with the given function.
Plug in . In other words, replace each x with 26.
Evaluate to get 676.
Multiply -1 and 676 to get -676
Multiply 56 and 26 to get 1456
Now combine like terms
So the when 26 tiles are sold, the profit is $480
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Let's find the profit when 27 tiles are sold:
Start with the given function.
Plug in . In other words, replace each x with 27.
Evaluate to get 729.
Multiply -1 and 729 to get -729
Multiply 56 and 27 to get 1512
Now combine like terms
So the when 27 tiles are sold, the profit is $483
------------------------------------------------
Let's find the profit when 28 tiles are sold:
Start with the given function.
Plug in . In other words, replace each x with 28.
Evaluate to get 784.
Multiply -1 and 784 to get -784
Multiply 56 and 28 to get 1568
Now combine like terms
So the when 28 tiles are sold, the profit is $484
------------------------------------------------
Let's find the profit when 29 tiles are sold:
Start with the given function.
Plug in . In other words, replace each x with 29.
Evaluate to get 841.
Multiply -1 and 841 to get -841
Multiply 56 and 29 to get 1624
Now combine like terms
So the when 29 tiles are sold, the profit is $483
Notice how the profit is steadily increasing from x=26 to x=28. However, it starts to decrease after x=28. So this shows that the highest profit of $484 occurs when 28 tiles are sold.
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