SOLUTION: Student council is selling chocolate bars as a fundraiser. The revenue R, in thousands of dollars, can be modeled by the function R = -25x^2 + 100x + 1500, where x is the number of

Algebra.Com
Question 1032508: Student council is selling chocolate bars as a fundraiser. The revenue R, in thousands of dollars, can be modeled by the function R = -25x^2 + 100x + 1500, where x is the number of chocolate bars sold in hundreds. How many cases must the student council sell to maximize their revenue?
Thanks

Found 3 solutions by ikleyn, Newb, MathTherapy:
Answer by ikleyn(52781)   (Show Source): You can put this solution on YOUR website!
.
Student council is selling chocolate bars as a fundraiser. The revenue R, in thousands of dollars, can be modeled by
the function R = -25x^2 + 100x + 1500, where x is the number of chocolate bars sold in hundreds.
How many cases must the student council sell to maximize their revenue?
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

R(x) = = = .

The function R(x) has the maximum equal to 1600 at x = 2.


Answer by Newb(4)   (Show Source): You can put this solution on YOUR website!
Hi, fixed :)

Thanks

Answer by MathTherapy(10552)   (Show Source): You can put this solution on YOUR website!
Student council is selling chocolate bars as a fundraiser. The revenue R, in thousands of dollars, can be modelled by the function R = -25^2 + 100x + 1500, where x is the number of chocolate bars sold in hundreds. How many cases must the student council sell to maximize their revenue?
Thanks
Maximum profit occurs when , which is: . Don't know about CASES because you never stated number of bars in each case. 

RELATED QUESTIONS

A company determines that its daily revenue R(in dollars) for selling X items is modeled... (answered by Theo)
I need your help with this problem A study done for management shows that the revenue, (answered by Fermat)
Suppose that the price per unit in dollars of a cell phone production is modeled by p =... (answered by ikleyn)
Suppose that the price per unit in dollars of a cell phone production is modeled by p =... (answered by ikleyn)
Suppose that the price per unit in dollars of a cell phone production is modeled by p =... (answered by addingup,Cityscape16,ikleyn)
Suppose that the price per unit in dollars of a cell phone production is modeled by... (answered by ikleyn)
Suppose that the price per unit (in dollars) of a cell phone production is modeled by... (answered by ikleyn)
In a certain mill the cost C is thousands of dollars of producing x tons of steel is... (answered by Earlsdon)
the revenue R in dollars for the sale of x items at Joe's Dollar Store can be modeled by... (answered by vleith,checkley71)