A manufacturer makes two products. The price functions for the two products are p1(x)=24−5x,p2(y)=27−3y. The cost function is C(x,y)=x+2y−xy+190. Here x and y are daily production levels, and the price and cost functions are in thousands of dollars. Find the production levels x and y which maximize the company's profit. Round your answers to the nearest integer. x= y=
A manufacturer makes two products. The price functions for the two products are p1(x)=24−5x,p2(y)=27−3y. The cost function is C(x,y)=x+2y−xy+190. Here x and y are daily production levels, and the price and cost functions are in thousands of dollars. Find the production levels x and y which maximize the company's profit. Round your answers to the nearest integer. x= y=
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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A manufacturer makes two products. The price functions for the two products are
p1(x)=24−5x,p2(y)=27−3y.
The cost function is
C(x,y)=x+2y−xy+190.
Here x and y are daily production levels, and the price and cost functions are in thousands of dollars.
Find the production levels x and y which maximize the company's profit. Round your answers to the nearest integer.
x=
y=
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