A manufacturing company has been experimenting with a new additive that is used to reduce polluting effluents from its production facility. Test results suggest that if no additive is used, pollution levels are 3000 parts per million (ppm). For each pound of additive used per week, pollution levels are reduced by 0.49 ppm. The additive costs $30 per pound. The reason for experimenting with the additive is that a government agency is conducting weekly air quality tests in the vicinity of the production facility. Regulations state that if pollution levels exceed 2000 ppm, a fine is imposed. The fine is $1000 for each ppm by which the pollution level exceeds the 2000 ppm limit. If the company has budgeted $80,000 per week to spend on the additive and any pollution fines, how much additive should be purchased each week for use by the company? What is the resulting amount that the company is willing to pay in terms of weekly fines?
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A manufacturing company has been experimenting with a new additive that is used to reduce polluting effluents from its production facility. Test results suggest that if no additive is used, pollution levels are 3000 parts per million (ppm). For each pound of additive used per week, pollution levels are reduced by 0.49 ppm. The additive costs $30 per pound.
The reason for experimenting with the additive is that a government agency is conducting weekly air quality tests in the vicinity of the production facility. Regulations state that if pollution levels exceed 2000 ppm, a fine is imposed. The fine is $1000 for each ppm by which the pollution level exceeds the 2000 ppm limit. If the company has budgeted $80,000 per week to spend on the additive and any pollution fines, how much additive should be purchased each week for use by the company? What is the resulting amount that the company is willing to pay in terms of weekly fines?
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