Homework Help is Here – Start Your Trial Now!
Math
Advanced Math
The profit P, in thousand of dollars, that a manufacturer makes is a function of the number N of items produced in a year, and the formula is as follows P= -0.2N² + 3.6N - 9 (a) Express using functional notation the profit at a production level of 4 items per year. P4 Calculate that value. 2.2 thousand dollars

The profit P, in thousand of dollars, that a manufacturer makes is a function of the number N of items produced in a year, and the formula is as follows P= -0.2N² + 3.6N - 9 (a) Express using functional notation the profit at a production level of 4 items per year. P4 Calculate that value. 2.2 thousand dollars

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

5

The profit P, in thousand of dollars, that a manufacturer makes is a function of the number N of items produced in a year, and the formula is as follows. P= -0.2N² + 3.6N - 9 (a) Express using functional notation the profit at a production level of 4 items per year. P4 Calculate that value. 2.2 thousand dollars (b) Determine the two break-even points for this manufacturer-that is, the two production levels at which the profit is zero. N = N = (smaller value) (larger value) (c) Determine the maximum profit if the manufacturer can produce at most 22 in a year. -26.6 Xthousand dollars
Transcribed Image Text:The profit P, in thousand of dollars, that a manufacturer makes is a function of the number N of items produced in a year, and the formula is as follows. P= -0.2N² + 3.6N - 9 (a) Express using functional notation the profit at a production level of 4 items per year. P4 Calculate that value. 2.2 thousand dollars (b) Determine the two break-even points for this manufacturer-that is, the two production levels at which the profit is zero. N = N = (smaller value) (larger value) (c) Determine the maximum profit if the manufacturer can produce at most 22 in a year. -26.6 Xthousand dollars
Expert Solution
Step 1

The Profit P in thousand of dollars is given by P=-0.2N2+3.6N-9 where N is the number of items produced.

(a) The functional notation to express profit at a production level of 4 items per year is given by 

P4=-0.2N2+3.6N-9

 

steps

Step by step

Solved in 3 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
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,
SEE MORE TEXTBOOKS