2. Pencils remain the most popular writing tool for high school maths students. A pencil manufacturer sells packets of 12 pencils to a nation- wide office supply store for $4 per packet. The manufacturer's costs of production to produce x-thousand packets are given by the cost function C(x) = 0.1x³ – 6x² + 1600x + 15000. How many packets should the manufacturer produce in order to maximise its profit? -

Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
icon
Related questions
Question
2. Pencils remain the most popular writing tool for high school maths
students. A pencil manufacturer sells packets of 12 pencils to a nation-
wide office supply store for $4 per packet. The manufacturer's costs
of production to produce x-thousand packets are given by the cost
function C(x)
should the manufacturer produce in order to maximise its profit?
0.1a3
6x2 + 1600x + 15000. How many packets
Transcribed Image Text:2. Pencils remain the most popular writing tool for high school maths students. A pencil manufacturer sells packets of 12 pencils to a nation- wide office supply store for $4 per packet. The manufacturer's costs of production to produce x-thousand packets are given by the cost function C(x) should the manufacturer produce in order to maximise its profit? 0.1a3 6x2 + 1600x + 15000. How many packets
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Recommended textbooks for you
Calculus: Early Transcendentals
Calculus: Early Transcendentals
Calculus
ISBN:
9781285741550
Author:
James Stewart
Publisher:
Cengage Learning
Thomas' Calculus (14th Edition)
Thomas' Calculus (14th Edition)
Calculus
ISBN:
9780134438986
Author:
Joel R. Hass, Christopher E. Heil, Maurice D. Weir
Publisher:
PEARSON
Calculus: Early Transcendentals (3rd Edition)
Calculus: Early Transcendentals (3rd Edition)
Calculus
ISBN:
9780134763644
Author:
William L. Briggs, Lyle Cochran, Bernard Gillett, Eric Schulz
Publisher:
PEARSON
Calculus: Early Transcendentals
Calculus: Early Transcendentals
Calculus
ISBN:
9781319050740
Author:
Jon Rogawski, Colin Adams, Robert Franzosa
Publisher:
W. H. Freeman
Precalculus
Precalculus
Calculus
ISBN:
9780135189405
Author:
Michael Sullivan
Publisher:
PEARSON
Calculus: Early Transcendental Functions
Calculus: Early Transcendental Functions
Calculus
ISBN:
9781337552516
Author:
Ron Larson, Bruce H. Edwards
Publisher:
Cengage Learning