document.write( "Question 82907: The monthly profit, P, in thousands of dollars, of a bicycle company can be estimated by the formula P=-2x(squared)+16X-12......where X is the number of bicycles, in hundreds, sold per month.
\n" ); document.write( "a) How many bicycles must be sold for maximum profit?
\n" ); document.write( "b) What is the minimum number of bicycles that must be sold to break even?
\n" ); document.write( "c) What is the maximum number of bicycles that must be sold to break even?
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Algebra.Com's Answer #59507 by Nate(3500)\"\" \"About 
You can put this solution on YOUR website!
\"P+=+-2x%5E2+%2B+16x+-+12\"
\n" ); document.write( "a) How many bicycles must be sold for maximum profit?
\n" ); document.write( "This is a vertical parabola that is opening downward. The vertex will be the maximum point for P.
\n" ); document.write( "v(-b/(2a),f(x))
\n" ); document.write( "v(-16/(-4),f(x))
\n" ); document.write( "v(4,f(4))
\n" ); document.write( "v(4,20) or $20,000 dollars
\n" ); document.write( "b) What is the minimum number of bicycles that must be sold to break even?
\n" ); document.write( "c) What is the maximum number of bicycles that must be sold to break even?
\n" ); document.write( "\"0+=+-2x%5E2+%2B+16x+-+12\"
\n" ); document.write( "\"0+=+x%5E2+-+8x+%2B+6\"
\n" ); document.write( "\"-6+=+x%5E2+-+8x\" Quadratic Formula or Solving Squares
\n" ); document.write( "\"10+=+%28x+-+4%29%5E2\"
\n" ); document.write( "\"4+%2B-+sqrt%2810%29+=+x\"
\n" ); document.write( "Min: 4 - sqrt(10) = 0.8377.... or about 1 which is 100 bikes
\n" ); document.write( "Max: 4 + sqrt(10) = 7.1622.... or about 7 which is 700 bikes
\n" ); document.write( "~ Proof ~
\n" ); document.write( "\"graph%28300%2C300%2C-2%2C12%2C-2%2C20%2C-2x%5E2+%2B+16x+-+12%29\"
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