Maximum Revenue Jesaki Electronics manufactures and sells a smartphones per week. The weekly price-demand and cost equations are, respectively, p = 509 -0.48 x and C(x) = 20,285 + 20 x. Suppose Jesaki Electronics wants to maximize weekly revenue. Compute the following quantities. 1. How many phones should be produced each week? Round to 2 decimal places. 2. What price should Jesaki charge for the phones? $_ Round to the nearest cent. 3. What is the maximum weekly revenue? $_ the nearest cent. Enter the result for 3. phones. per phone. per week. Round to

Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
Question
Maximum Revenue
Jesaki Electronics manufactures and sells x smartphones per week. The
weekly price-demand and cost equations are, respectively,
p = 509 -0.48 x and C(x) = 20,285 + 20 x.
Suppose Jesaki Electronics wants to maximize weekly revenue. Compute the
following quantities.
1. How many phones should be produced each week?
Round to 2 decimal places.
2. What price should Jesaki charge for the phones? $
Round to the nearest cent.
3. What is the maximum weekly revenue? $
the nearest cent.
Enter the result for 3.
phones.
per phone.
per week. Round to
Transcribed Image Text:Maximum Revenue Jesaki Electronics manufactures and sells x smartphones per week. The weekly price-demand and cost equations are, respectively, p = 509 -0.48 x and C(x) = 20,285 + 20 x. Suppose Jesaki Electronics wants to maximize weekly revenue. Compute the following quantities. 1. How many phones should be produced each week? Round to 2 decimal places. 2. What price should Jesaki charge for the phones? $ Round to the nearest cent. 3. What is the maximum weekly revenue? $ the nearest cent. Enter the result for 3. phones. per phone. per week. Round to
Maximum Profit
Yaster Gadgets manufactures and sells a smartphones per week. The weekly
price-demand and cost equations are, respectively,
p=487 -0.37 x and C(x) = 20,127 + 22 x.
Suppose Yaster Gadgets wants to maximize weekly profit. Compute the
following quantities.
1. How many phones should be produced each week?
Round to 2 decimal places.
2. What price should Jesaki charge for the phones? $_
Round to the nearest cent.
3. What is the maximum weekly profit? $_
nearest cent.
Enter the result for 2.
phones.
per phone.
per week. Round to the
Transcribed Image Text:Maximum Profit Yaster Gadgets manufactures and sells a smartphones per week. The weekly price-demand and cost equations are, respectively, p=487 -0.37 x and C(x) = 20,127 + 22 x. Suppose Yaster Gadgets wants to maximize weekly profit. Compute the following quantities. 1. How many phones should be produced each week? Round to 2 decimal places. 2. What price should Jesaki charge for the phones? $_ Round to the nearest cent. 3. What is the maximum weekly profit? $_ nearest cent. Enter the result for 2. phones. per phone. per week. Round to the
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