document.write( "Question 959010: Woods Limited manufactures and sells x small patio tables each day. The daily cost of production is modeled as C(x) = 3x2 + 1500, and the revenue produced each day is modeled as R(x) = 180x. Suppose the company is limited by time to producing at least 30 tables every day. What is the break-even point? If the company sells 45 tables, then what is the profit? How many tables must the company produce in order to get a profit of $1,125? What happen if the company produces 58 tables?\r
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Algebra.Com's Answer #586132 by MathLover1(20849)\"\" \"About 
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\n" ); document.write( "Woods Limited manufactures and sells \"x\" small patio tables each day.
\n" ); document.write( "The daily cost of production is modeled as
\n" ); document.write( "\"C%28x%29+=+3x%5E2+%2B+1500\", and the revenue produced each day is modeled as \"R%28x%29+=+180x\".
\n" ); document.write( "Suppose the company is limited by time to producing at least \"30\" (at least means ≥\"30\")tables every day.
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\n" ); document.write( "1. What is the break-even point?
\n" ); document.write( "to find it set \"R%28x%29+=+C%28x%29\", then solve the resulting quadratic equation
\n" ); document.write( "he break-even point occurs when
\n" ); document.write( "\"+3x%5E2+%2B+1500=180x\"
\n" ); document.write( " \"+3x%5E2+-180x%2B+1500=0\" .......simplify, divide all terms by \"3\"
\n" ); document.write( "\"+x%5E2+-60x%2B+500=0\" ........use quadratic formula\r
\n" ); document.write( "\n" ); document.write( "\"x+=+%28-b+%2B-+sqrt%28+b%5E2-4%2Aa%2Ac+%29%29%2F%282%2Aa%29+\" \r
\n" ); document.write( "\n" ); document.write( "\"x+=+%28-%28-60%29%2B-+sqrt%28+%28-60%29%5E2-4%2A1%2A500+%29%29%2F%282%2A1%29+\" \r
\n" ); document.write( "\n" ); document.write( "\"x+=+%2860%2B-+sqrt%28+3600-2000+%29%29%2F2+\" \r
\n" ); document.write( "\n" ); document.write( "\"x+=+%2860%2B-+sqrt%28+1600+%29%29%2F2+\" \r
\n" ); document.write( "\n" ); document.write( "\"x+=+%2860%2B-+40%29%2F2+\"\r
\n" ); document.write( "\n" ); document.write( "solutions:\r
\n" ); document.write( "\n" ); document.write( "\"x+=+%2860%2B+40%29%2F2+\"\r
\n" ); document.write( "\n" ); document.write( "\"x+=+50+\"\r
\n" ); document.write( "\n" ); document.write( "or\r
\n" ); document.write( "\n" ); document.write( "\"x+=+%2860-+40%29%2F2+\"\r
\n" ); document.write( "\n" ); document.write( "\"x+=+10+\"\r
\n" ); document.write( "\n" ); document.write( "your solution is \"highlight%28x=50%29\" because the company is producing at least \"30\" tables to have the break-even point ; so, disregard \"x+=+10+\"\r
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\n" ); document.write( "\n" ); document.write( "2. If the company sells \"45\" tables, then what is the profit? \r
\n" ); document.write( "\n" ); document.write( " The profit function \"P%28x%29+=+R%28x%29+-+C%28x%29\", \r
\n" ); document.write( "\n" ); document.write( "write \"P%28x%29\" in terms of \"x\", then evaluate \"P%2845%29\"\r
\n" ); document.write( "\n" ); document.write( "\"P%28x%29+=+180x+-3x%5E2+%2B+1500\"\r
\n" ); document.write( "\n" ); document.write( "\"P%2845%29+=+180%2A45+-3%2A45%5E2+%2B+1500\" \r
\n" ); document.write( "\n" ); document.write( "\"P%2845%29+=+8100+-6075+%2B+1500\" \r
\n" ); document.write( "\n" ); document.write( "\"P%2845%29+=+3525\"=> the profit the company earns if sells \"45\" tables\r
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\n" ); document.write( "\n" ); document.write( "3. \r
\n" ); document.write( "\n" ); document.write( "How many tables must the company produce in order to get a profit of $\"1125\"? \r
\n" ); document.write( "\n" ); document.write( "Set \"P%28x%29+=+1125\", then solve the resulting quadratic equation\r
\n" ); document.write( "\n" ); document.write( "\"1125+=+180x+-3x%5E2+%2B+1500\"\r
\n" ); document.write( "\n" ); document.write( "\"3x%5E2-180x%2B1125-1500=0\"\r
\n" ); document.write( "\n" ); document.write( "\"3x%5E2-180x-375=0\"\r
\n" ); document.write( "\n" ); document.write( "\"x%5E2-60x-125=0\"........use quadratic formula\r
\n" ); document.write( "\n" ); document.write( "\"x+=+%28-b+%2B-+sqrt%28+b%5E2-4%2Aa%2Ac+%29%29%2F%282%2Aa%29+\" \r
\n" ); document.write( "\n" ); document.write( "\"x+=+%28-%28-60%29+%2B-+sqrt%28+%28-60%29%5E2-4%2A1%2A%28-125%29+%29%29%2F%282%2A1%29+\" \r
\n" ); document.write( "\n" ); document.write( "\"x+=+%2860+%2B-+sqrt%28+3600%2B500+%29%29%2F2+\" \r
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\n" ); document.write( "\n" ); document.write( "\"x+=+%2860+%2B-+sqrt%28+4100+%29%29%2F2+\" \r
\n" ); document.write( "\n" ); document.write( "\"x+=+%2860+%2B-+64.03124237432849%29%2F2+\"\r
\n" ); document.write( "\n" ); document.write( "\"x+=+%2860+%2B-+64.03%29%2F2+\"\r
\n" ); document.write( "\n" ); document.write( "we need only positive value since \"x\" represents an order\r
\n" ); document.write( "\n" ); document.write( "\"x+=+%2860+%2B+64.03%29%2F2+\"\r
\n" ); document.write( "\n" ); document.write( "\"x+=+124.03%2F2+\" \r
\n" ); document.write( "\n" ); document.write( "\"x+=+62.01562118716424+\"- exact solution\r
\n" ); document.write( "\n" ); document.write( "\"x+=+62+\"round it to whole number since \"x\" represents tables\r
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\n" ); document.write( "\n" ); document.write( "4. \r
\n" ); document.write( "\n" ); document.write( "What happen if the company produces \"58\" tables? \r
\n" ); document.write( "\n" ); document.write( "evaluate \"P%2858%29\"\r
\n" ); document.write( "\n" ); document.write( "\"P%2858%29+=+180%2A58+-3%2A58%5E2+%2B+1500\" \r
\n" ); document.write( "\n" ); document.write( "\"P%2858%29+=+10440+-10092+%2B+1500\" \r
\n" ); document.write( "\n" ); document.write( "\"P%2858%29+=+348+%2B+1500\"\r
\n" ); document.write( "\n" ); document.write( "\"P%2858%29+=+1848\" => the profit the company earns if sells \"58\" tables\r
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