Question 380851: At a large size U.S. company, the profit, y, is related to the number of Vice Presidents, x, according to the equation . What number of Vice Presidents will maximize the company profit? What is the maximum possible profit in millions? I am stumped on how to start this one? Oh and the equation is y= -25x^2 +300x.
Answer by stanbon(75887)   (Show Source):
You can put this solution on YOUR website! At a large size U.S. company, the profit, y, is related to the number of Vice Presidents, x, according to the equation . What number of Vice Presidents will maximize the company profit? What is the maximum possible profit in millions? I am stumped on how to start this one? Oh and the equation is y= -25x^2 +300x.
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P(x) = -25x^2+300x
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Maximum y occurs when x = -b/2a = -300/(2*-25)= -300(-50) = 6
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Max Profit = P(6) = $900
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Cheers,
Stan H.
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