document.write( "Question 529847: 5. Find the maximum profit and the number of units that must be produced and sold in
\n" ); document.write( " order to yield the maximum profit. Assume that revenue, R(x), and cost, C(x), are in
\n" ); document.write( " thousands of dollars and x in thousands of units for
\n" ); document.write( " R(x) = 100x-x2
\n" ); document.write( " C(x) = 1/3 x^3-6x^2+89x+100
\n" ); document.write( "
\n" ); document.write( "

Algebra.Com's Answer #349775 by stanbon(75887)\"\" \"About 
You can put this solution on YOUR website!
Find the maximum profit and the number of units that must be produced and sold in
\n" ); document.write( "order to yield the maximum profit. Assume that revenue, R(x), and cost, C(x), are in
\n" ); document.write( "thousands of dollars and x in thousands of units for
\n" ); document.write( "R(x) = 100x-x2
\n" ); document.write( "C(x) = 1/3 x^3-6x^2+89x+100\r
\n" ); document.write( "\n" ); document.write( "----------
\n" ); document.write( "Profit = Revenue - Cost
\n" ); document.write( "---
\n" ); document.write( "P(x) = 100x-x^2-[(1/3)x^3-6x^2+89x+100]
\n" ); document.write( "----
\n" ); document.write( "P(x) = (-1/3)x^3+5x^2+11x-100
\n" ); document.write( "---
\n" ); document.write( "P'(x) = -x^2+10x+11
\n" ); document.write( "---
\n" ); document.write( "P''(x) = -2x+10
\n" ); document.write( "----
\n" ); document.write( "Solve: -x^2+10x+11 = 0
\n" ); document.write( "x^2-10x-11 = 0
\n" ); document.write( "(x-11)(x+1) = 0
\n" ); document.write( "x = -1 or x = 11
\n" ); document.write( "---
\n" ); document.write( "P''(-1) = -2(-1)+10 = 12 (minimum at (-1,f(-1)))
\n" ); document.write( "P''(11) = -2(11)+10 = -12 (maximum at (11,f(11))
\n" ); document.write( "---
\n" ); document.write( "Graph of P(x):
\n" ); document.write( "\"graph%28400%2C400%2C-10%2C50%2C-50%2C200%2C%28-1%2F3%29x%5E3%2B5x%5E2%2B11x-100%29\"
\n" ); document.write( "=================
\n" ); document.write( "Cheers,
\n" ); document.write( "Stan H.
\n" ); document.write( "===========
\n" ); document.write( "
\n" ); document.write( "
\n" );