A company produces two types of solar panels per year: x thousand of type A and y thousand of type B. The revenue and cost equations, in millions of dollars, for the year are given as follows. R(x.y) = 3x + 2y C(x.y) =x-4xy+8y+ 17x-74y-4 Detemine how many of each type of solar panel should be produced per year to maximize profit. The company will achieve a maximum profit by selling solar panels of type A and selling solar panels of type B. The maximum profit is $ million.
A company produces two types of solar panels per year: x thousand of type A and y thousand of type B. The revenue and cost equations, in millions of dollars, for the year are given as follows. R(x.y) = 3x + 2y C(x.y) =x-4xy+8y+ 17x-74y-4 Detemine how many of each type of solar panel should be produced per year to maximize profit. The company will achieve a maximum profit by selling solar panels of type A and selling solar panels of type B. The maximum profit is $ million.
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Transcribed Image Text:A company produces two types of solar panels per year: x thousand of type A and y thousand of type B. The revenue and cost equations, in millions of dollars, for the year are given as follows.
R(x.y) = 3x+2y
C(x.y) =x-4xy + 8y + 17x-74y-4
Detemine how many of each type of solar panel should be produced per year to maximize profit.
The company will achieve a maximum profit by selling
solar panels of type A and selling
solar panels of type B.
The maximum profit is $ million.
Enter your answer in each of the answer boxes.
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