(CASE STUDY-4) – MAXIMUM
PROFIT
A barrel manufacturer can produce up to
300 barrels per day. The profit made
from the sale of these barrels can be modelled by the function
p(x) = – 10x2 + 3500 x – 66000, where p(x) is the profit in
rupees and x is the number of barrels made and sold. Based
on this model answer the following questions:
Answers
Given : A barrel manufacturer can produce up to 300 barrels per day. The profit made from the sale of these barrels can be modelled by the function
p(x) = – 10x² + 3500 x – 66000, where p(x) is the profit in
rupees and x is the number of barrels made and sold.
To Find : degree of the above polynomial
When no barrels are produce, what is the loss
What is the profit/loss if 175 barrels are produced
What are the factors of the given polynomial
Solution:
p(x) = – 10x² + 3500 x – 66000
Degree = 2
When no barrels are produce, x = 0
=> p(0) = 0 + 0 – 66000 = - 66000
-ve sign means Loss
Loss = 66000
175 barrels are produced
=> p(175) = – 10(175)² + 3500 (175) – 66000
= 2,40,250
+Ve sign means profit
Profit 240250
– 10x² + 3500 x – 66000
= - 10(x² - 350x + 6600)
= -10(x² - 330x - 20x + 6600)
= -10(x - 330)(x - 20)
(x - 330)(x - 20) are factors
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Answer:
Given : A barrel manufacturer can produce up to 300 barrels per day. The profit made from the sale of these barrels can be modelled by the function
p(x) = – 10x² + 3500 x – 66000, where p(x) is the profit in
rupees and x is the number of barrels made and sold.
To Find : degree of the above polynomial
When no barrels are produce, what is the loss
What is the profit/loss if 175 barrels are produced
What are the factors of the given polynomial
Solution:
p(x) = – 10x² + 3500 x – 66000
Degree = 2
When no barrels are produce, x = 0
=> p(0) = 0 + 0 – 66000 = - 66000
negative sign means Loss
Loss = 66000
175 barrels are produced
=> p(175) = – 10(175)² + 3500 (175) – 66000
= 2,40,250
+Ve sign means profit
Profit 240250
– 10x² + 3500 x – 66000
= - 10(x² - 350x + 6600)
= -10(x² - 330x - 20x + 6600)
= -10(x - 330)(x - 20)