P ( x ) = R ( x ) − C ( x ) , where R and C are the revenue and cost functions, respectively. Use these function to solve Exercises 69–70. Hunky Beef, a local sandwich store, has a fixed weekly cost of $525.00, and variable costs for making a roast beef sandwich are $0.55. a. Let x represent the number of roast beef sandwiches made and each week. Write the weekly cost function, C , for Hunky Beef. b. The function R ( x ) = − 0.001 x 2 + 3 x describes the money that Hunky Beef takes in each week from the sale of x roast beef sandwiches. Use this revenue function and the cost function from part (a) to write the store’s weekly profit function, P . c. Use the store’s profit function to determine the number of roast beef sandwiches it should make and sell each week to maximize profit. What is the maximum weekly profit?
P ( x ) = R ( x ) − C ( x ) , where R and C are the revenue and cost functions, respectively. Use these function to solve Exercises 69–70. Hunky Beef, a local sandwich store, has a fixed weekly cost of $525.00, and variable costs for making a roast beef sandwich are $0.55. a. Let x represent the number of roast beef sandwiches made and each week. Write the weekly cost function, C , for Hunky Beef. b. The function R ( x ) = − 0.001 x 2 + 3 x describes the money that Hunky Beef takes in each week from the sale of x roast beef sandwiches. Use this revenue function and the cost function from part (a) to write the store’s weekly profit function, P . c. Use the store’s profit function to determine the number of roast beef sandwiches it should make and sell each week to maximize profit. What is the maximum weekly profit?
Solution Summary: The author explains how to calculate the weekly cost function, C, for Hunky Beef, and calculates the maximum weekly profit.
where
R
and
C
are the revenue and cost functions, respectively. Use these function to solve Exercises 69–70.
Hunky Beef, a local sandwich store, has a fixed weekly cost of $525.00, and variable costs for making a roast beef sandwich are $0.55.
a. Let
x
represent the number of roast beef sandwiches made and each week. Write the weekly cost function,
C
, for Hunky Beef.
b. The function
R
(
x
)
=
−
0.001
x
2
+
3
x
describes the money that Hunky Beef takes in each week from the sale of
x
roast beef sandwiches. Use this revenue function and the cost function from part (a) to write the store’s weekly profit function,
P
.
c. Use the store’s profit function to determine the number of roast beef sandwiches it should make and sell each week to maximize profit. What is the maximum weekly profit?
Consider the table of values below.
x
y
2
64
3
48
4
36
5
27
Fill in the right side of the equation y= with an expression that makes each ordered pari (x,y) in the table a solution to the equation.
solving for x
Consider the table of values below.
x
y
2
63
3
70
4
77
5
84
Fill in the right side of the equation y= with an expression that makes each ordered pari (x,y) in the table a solution to the equation.
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