document.write( "Question 1192771: A widget manufacturer estimates that her monthly revenue can be modeled by the function R(x)=-0.006x^2+32x-10,000. What is the minimum number of items that must be sold for the revenue to equal $30,000? \n" ); document.write( "
Algebra.Com's Answer #824664 by math_tutor2020(3817)![]() ![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "Method 1: \n" ); document.write( "Use your favorite graphing tool to plot the two equations \n" ); document.write( "y = -0.006x^2+32x-10,000 \n" ); document.write( "y = 30,000\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Here's what it looks like in Desmos which is a free online graphing calculator \n" ); document.write( "https://www.desmos.com/calculator/tnzwh3datm \n" ); document.write( "Take note of how the x and y axis scale is set up.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "After plotting both the parabolic curve and straight line, click on where they intersect or cross. \n" ); document.write( "Desmos will display the (x,y) coordinates of each intersection point.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The two intersection points are: \n" ); document.write( "(2000, 30000) \n" ); document.write( "(3333.333, 30000) approximately \n" ); document.write( "When doing ordered pair notation, do NOT have a comma in the number \"30000\" aka \"thirty thousand\". This is because the comma is used to separate the x and y coordinates.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The x coordinate of the left-most point is what we're after. \n" ); document.write( "This is the smaller x value such that y = 30,000. \n" ); document.write( "In other words, it's the minimum amount of items to sell to achieve a revenue of $30,000.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Answer: 2000 units.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "==============================================================================================\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Method 2: \n" ); document.write( "Instead of graphing two equations, we can graph one equation.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Since we want the revenue R(x) to be $30,000, this means: \n" ); document.write( "R(x) = 30,000 \n" ); document.write( "-0.006x^2+32x-10,000 = 30,000 \n" ); document.write( "-0.006x^2+32x-10,000 - 30,000 = 0 \n" ); document.write( "-0.006x^2+32x-40,000 = 0\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "The single equation to graph is \n" ); document.write( "y = -0.006x^2+32x-40,000\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "When graphing this, we're looking for the x intercepts which make y = 0. Therefore, we're looking where the curve either crosses the x axis or touches it to bounce away.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Graph: \n" ); document.write( "https://www.desmos.com/calculator/vuz7masgvd \n" ); document.write( "As the graph shows, the x coordinates of the x intercepts are the same as the results of method 1. The only difference is now that y = 0 instead of y = 30,000.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "We'll arrive at the same final answer of 2000 units after selecting the smaller root.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "==============================================================================================\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Method 3: \n" ); document.write( "This method won't use any graphs. Instead, I'll use the quadratic formula.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "R(x) = 30,000 \n" ); document.write( "-0.006x^2+32x-10,000 = 30,000 \n" ); document.write( "-0.006x^2+32x-10,000 - 30,000 = 0 \n" ); document.write( "-0.006x^2+32x-40,000 = 0\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "That final equation is in the form ax^2+bx+c = 0 where, \n" ); document.write( "a = -0.006 \n" ); document.write( "b = 32 \n" ); document.write( "c = -40,000\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Plugging those three items into the quadratic formula yields: \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "Like before, we pick the smaller x solution to get 2000 units as the final answer. \n" ); document.write( " \n" ); document.write( " |