document.write( "Question 158542: a financial advisor has conducted some research and has advised a company that the cost of producing their new transistor radio c, can be modeled by the equation c=18.96x+5275, where x is the number of radios produced. The advisor has also conducted research to determine that the best selling price of the radio is $29.99. As a result, the best model for the company's revenue R is the equation R=29.99x, where x is the number of radios sold.\r
\n" ); document.write( "\n" ); document.write( "The company executives have decided that they are willing to invest $10,000 in the new product. If this money is to be used for the costs of the radios, how many radios should the company be able to produce?\r
\n" ); document.write( "\n" ); document.write( "If the company produces the maximum number of radios with their $10,000 investment and all the radios are sold, how much revenue will the company generate from the new product?
\n" ); document.write( "

Algebra.Com's Answer #116805 by gonzo(654)\"\" \"About 
You can put this solution on YOUR website!
based on the numbers you provided, this is the solution.
\n" ); document.write( "cost of building radios is $5275.00 + ($18.96)*x where x is the number of radios produced.
\n" ); document.write( "Investment is $10,000 to produce maximum number of radios.
\n" ); document.write( "maximum number of radios that can be produced for $10,000 is determined by the formula below:
\n" ); document.write( "\"10000+=+5275+%2B+x%2A%2818.96%29\"
\n" ); document.write( "solving for x, we get
\n" ); document.write( "\"x=%2810000+-+5275%29%2F18.96%29=x\"
\n" ); document.write( "this becomes
\n" ); document.write( "\"x=4725%2F%2818.96%29\"
\n" ); document.write( "this becomes
\n" ); document.write( "\"x=249.2\" rounded to the nearest unit = 249 radios that can be produced.
\n" ); document.write( "to check the numbers, we take 5275 + 249*18.96 = 5275 + 4721.04 = total cost of $9996.04 which leaves $3.96 left over.
\n" ); document.write( "revenue from these 249 radio will be $29.99 * 249 = $7,467.51.
\n" ); document.write( "based on the numbers given, revenue generated will be less than the cost to produce the radios.
\n" ); document.write( "
\n" );