document.write( "Question 1131750: A company invests in a project and it has been estimated that after x months of running, the cumulative profit (€000) for the project is given by the function -3x(squared) + 31.5x - 60, where x represents time in months. The project can run for nine months at the most. \r
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document.write( "I. Draw a graph which represents the profit function
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document.write( "2. Calculate the breakeven point
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document.write( "3. What is the initial cost of the project?
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document.write( "4. Use the graph to estimate the best time to end the project.
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document.write( "5. Etimate the profit or loss at 1.5months
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document.write( "6. Estimate the months where there will be a profit of €10,000 \n" );
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Algebra.Com's Answer #748622 by greenestamps(13198)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "Profit (in thousands) after x months: P(x) = \n" ); document.write( "A graph, showing the profit function (red) and (for part 6) where the profit is 10000 (green)... \n" ); document.write( " \n" ); document.write( "Use your graphing calculator....! \n" ); document.write( "(1) graph the function (a good window is -10 to 10 by -10 to 30) \n" ); document.write( "(2) breakeven point(s) -- where the profit function is 0; estimate or use your graphing calculator \n" ); document.write( "(3) initial --> x=0; evaluate the function at x=0. Since the revenue is initially 0, the initial cost is -P(0). (You could use your graphing calculator to evaluate P(0); but it's easier just to evaluate P(0) by looking at the function) \n" ); document.write( "(4) best time to end: when the profit is maximum (find vertex of the parabola using your calculator) \n" ); document.write( "(5) profit at 1.5. months: estimate, or evaluate P(1.5) using your calculator \n" ); document.write( "(6) graph P(x)=10 (green line on graph) along with the profit function and find where they intersect (estimate or use your graphing calculator) \n" ); document.write( " |