A company produces and sells chili powder. The company's weekly profit on the sale of x kilograms of chili powder is modeled by the function P given by P(x) = 48x + 1.4*x2-0.05*x2.8-270, where P(x) is in dollars and 0 ≦x≦80. (a) Find the rate, in dollars per kilogram, at which the company's weekly profit is changing when it sells 32 kilograms of chili powder. Is the company's weekly profit increasing or decreasing when it sells 32 kilograms of chili powder? Give a reason for your answer. b) How many kilograms of chili powder must the company sell to maximize its weekly profit? Justify your answer. c) The company plans to have a one-day sale on chili powder. Management estimates that t hours after the company store opens, chili powder will sell at a rate modeled by the function S given by S(t) =2 +cos(π/10t2) kilograms per hour. Based on this model, estimate the amount of chili powder, in kilograms, that will be sold during the first 5 hours of the sale (d) Using the function S from part (c), find the value of S'(3). Interpret the meaning of this value in the context of the problem
A company produces and sells chili powder. The company's weekly profit on the sale of x kilograms of chili powder is modeled by the function P given by P(x) = 48x + 1.4*x2-0.05*x2.8-270, where P(x) is in dollars and 0 ≦x≦80.
(a) Find the rate, in dollars per kilogram, at which the company's weekly profit is changing when it sells 32 kilograms of chili powder. Is the company's weekly profit increasing or decreasing when it sells 32 kilograms of chili powder? Give a reason for your answer.
b) How many kilograms of chili powder must the company sell to maximize its weekly profit? Justify your answer.
c) The company plans to have a one-day sale on chili powder. Management estimates that t hours after the company store opens, chili powder will sell at a rate modeled by the function S given by
S(t) =2 +cos(π/10t2) kilograms per hour. Based on this model, estimate the amount of chili powder, in kilograms, that will be sold during the first 5 hours of the sale
(d) Using the function S from part (c), find the value of S'(3). Interpret the meaning of this value in the context of the problem
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