Mathematics
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OpenStudy (anonymous):
he cost of running a small factory is modeled by the function
C(x) = x^3 - 3 x^2 + 17 x
i found that r(x) = 41x but how do i found the p profit =P(x)?
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OpenStudy (anonymous):
the cost of running a small factory is modeled by the function C(x) = x^3 - 3 x^2 + 17 x i found that r(x) = 41x but how do i find the profit =P(x)?
OpenStudy (anonymous):
P(x)=R(x)-C(x)
OpenStudy (anonymous):
r(x) is revenue, correct?
OpenStudy (anonymous):
yes
OpenStudy (anonymous):
so 41x-( x^3-3x^2+17x)?
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OpenStudy (anonymous):
right
OpenStudy (anonymous):
i got -x^3+3x+24
OpenStudy (anonymous):
p(x)=-x^3+3x+24
OpenStudy (anonymous):
p(x)=41x-(x^3-3x^2+17x)
p(x)=-x^3+3x^2+24x
OpenStudy (anonymous):
oh yeah the x
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OpenStudy (anonymous):
how do i maximize the profit? from that equation
OpenStudy (anonymous):
take the derivative, find the max
OpenStudy (anonymous):
deriv of the profit equation?
OpenStudy (anonymous):
the 2nd deriv test to solve the max parabo;a
OpenStudy (anonymous):
their asking me to Find the number of routers sold which will maximize weekly profit.
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OpenStudy (anonymous):
so what's the derivative of p(x)?
OpenStudy (anonymous):
-3x^2+6x+24 or 3x^2+6x+23
OpenStudy (anonymous):
the 1st one
OpenStudy (anonymous):
ok the negative 1 confused me
OpenStudy (anonymous):
so set it to 0
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OpenStudy (anonymous):
for the first derivative test, yes
OpenStudy (anonymous):
im tryin to factor out -3(x+3)(x-8)=0
OpenStudy (anonymous):
is it right so far?
OpenStudy (anonymous):
i dont know how to find the vertex (the algebra way)
OpenStudy (anonymous):
-3(x^2-2x-8)
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OpenStudy (anonymous):
-3(x-4)(x+2)
OpenStudy (anonymous):
so x= 4 , -2
OpenStudy (anonymous):
yes, can't sell negative number of routers, so -2 is garbage
OpenStudy (anonymous):
2nd derivative is?
OpenStudy (anonymous):
and plug that back into the original equation
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OpenStudy (anonymous):
no wait 2nd deriv
OpenStudy (anonymous):
30?
OpenStudy (anonymous):
hmm why the hell is this not working
OpenStudy (anonymous):
hmm why the hell is this not working
OpenStudy (anonymous):
p(x)=-x^3+3x^2+24x
p'(x)=-3x^2+6x+24
-3(x^2-2x-8)=0
x^2-2x-8=0
(x-4)(x+2)=0
x=4,-2
Oh, okay, i kept using 3x instead of 3x^2
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OpenStudy (anonymous):
p''(x)=-6x+6
p''(4)=-6(4)+6=-24+6=-18
f''(4)<0, maximum at x=4
OpenStudy (anonymous):
plug 4 into original equation