Maximize and minimize functions 3.The owner of a soda factory knows that his profit in thousands of dollars per week, as a function of the number x of cases of soda sold, is given by the equation ? = ―0.02?2 + 9? ― 1196. a.How many boxes must be sold weekly for maximum profit? b. What is the maximum profit? 4. For a certain company, the monthly profits obtained by investing x dollars a month in advertising are given by. How much should ? = ―0.10?2 + 500? ―26,700 spend in advertising to maximize their profits? 5. The effectiveness of a television commercial depends on how many times a person watches it. After some experiments, an advertising agency found that if E effectiveness is measured on a scale of 0 to 10, ?(?)=3/5?―1/70?2 then where p is the number of times a person sees a given commercial. For an ad to be most effective, how many times must a person see it?

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
icon
Related questions
Topic Video
Question

Maximize and minimize functions

3.The owner of a soda factory knows that his profit in thousands of dollars per week, as a function of the number x of cases of soda sold, is given by the equation ? = ―0.02?2 + 9? ― 1196.
a.How many boxes must be sold weekly for maximum profit?
b. What is the maximum profit?
4. For a certain company, the monthly profits obtained by investing x dollars a month in advertising are given by. How much should ? = ―0.10?2 + 500? ―26,700 spend in advertising to maximize their profits?
5. The effectiveness of a television commercial depends on how many times a person watches it. After some experiments, an advertising agency found that if E effectiveness is measured on a scale of 0 to 10, ?(?)=3/5?―1/70?2 then where p is the number of times a person sees a given commercial. For an ad to be most effective, how many times must a person see it?

Expert Solution
steps

Step by step

Solved in 6 steps

Blurred answer
Knowledge Booster
Optimization
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, advanced-math and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
Advanced Engineering Mathematics
Advanced Engineering Mathematics
Advanced Math
ISBN:
9780470458365
Author:
Erwin Kreyszig
Publisher:
Wiley, John & Sons, Incorporated
Numerical Methods for Engineers
Numerical Methods for Engineers
Advanced Math
ISBN:
9780073397924
Author:
Steven C. Chapra Dr., Raymond P. Canale
Publisher:
McGraw-Hill Education
Introductory Mathematics for Engineering Applicat…
Introductory Mathematics for Engineering Applicat…
Advanced Math
ISBN:
9781118141809
Author:
Nathan Klingbeil
Publisher:
WILEY
Mathematics For Machine Technology
Mathematics For Machine Technology
Advanced Math
ISBN:
9781337798310
Author:
Peterson, John.
Publisher:
Cengage Learning,
Basic Technical Mathematics
Basic Technical Mathematics
Advanced Math
ISBN:
9780134437705
Author:
Washington
Publisher:
PEARSON
Topology
Topology
Advanced Math
ISBN:
9780134689517
Author:
Munkres, James R.
Publisher:
Pearson,