Chapter 12.1, Problem 49E

Work the given exercises. (See Examples 5 and 9.)

Monster Beverage Costs The cost function (in millions) for the energy drink company Monster Beverage Corp. for the years 2010 through 2015 can be approximated by

$\text{P}\left(\text{x}\right)\text{-2x2+812x-4559,}$

where $\text{x=10}$ corresponds to the year 2010. (Data from: www.morningstarcom.)

During what year did a local maximum profit occur?

What was the maximum profit?