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1. A laptop company has discovered its cost and revenue functions for each day: C(Q) = 3Q2 – 10Q + 200 and R(Q) = ?2Q2 + 100Q + 50. If they want to make a profit, what is the range of laptops (Q) per day that they should produce? Round to the nearest number which could generate profit. Find the Profit Function. Use the formula (- b/2a) to find max profit
2. A manufacturer produces two products, A and B. For each unit of A sold the profit is $8. For each unit of B sold the profit is $11. From past experience it has been found that 25 percent more of A can be sold than of B. Next year the manufacturer desires a total profit of $42,000. How many units of each product must be sold? ( Please type work )
3.A company's revenue and cost in dollars are given by R = 645Q and C = 45Q + 180,000, where Q is the number of items. What is the Fixed Cost of Production? Find the number of items that must be produced to break-even.
- what is the total profit for producing and selling 800 units?
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