document.write( "Question 23275: Maximum profit using the quadratic equations, functions, inequalities and their graphs.\r
\n" ); document.write( "\n" ); document.write( "A chain store manager has been told by the main office that daily profit, P, is related to the number of clerks working that day, x, according to the equations P = -25x^2 + 300x. What number of clerks will maximize the profit, and what is the maximum possible profit?
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Algebra.Com's Answer #12018 by Earlsdon(6294)\"\" \"About 
You can put this solution on YOUR website!
Maximise: \"P+=+-25x%5E2+%2B+300x\"\r
\n" ); document.write( "\n" ); document.write( "This is the equation of a parabola that opens downwards (coefficient of x^2 is negative) so the maximum value of P (the dependent variable) will be found at the parabola's vertex. The x-coordinate of the vertex is given by:
\n" ); document.write( "\"x+=+-b%2F2a\" and so the maximum value of P will be found at \"x+=+-b%2F2a\"\r
\n" ); document.write( "\n" ); document.write( "Your equation is already in the standard form: \"P+=+ax%5E2+%2B+bx+%2B+c\" (a = -25, b = 300, c = 0) so we can find the x-coordinate at which P will be the maximum.\r
\n" ); document.write( "\n" ); document.write( "\"x+=+-%28300%29%2F2%28-25%29\" Simplify.
\n" ); document.write( "\"x+=+-300%2F%28-50%29\"
\n" ); document.write( "\"x+=+6\"\r
\n" ); document.write( "\n" ); document.write( "To maximise profits, the manager should employ 6 clerks.\r
\n" ); document.write( "\n" ); document.write( "The maximum profit can be found by substituting 6 for x in the original equation for P.\r
\n" ); document.write( "\n" ); document.write( "\"P+=+-25%286%29%5E2+%2B+300%286%29\"
\n" ); document.write( "\"P+=+-25%2836%29+%2B+1800\"
\n" ); document.write( "\"P+=+-900+%2B+1800\"
\n" ); document.write( "\"P+=+900\"\r
\n" ); document.write( "\n" ); document.write( "Maximum profit is 900 (dollars ?)
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