Question

- A company produces two types of solar panels per year: x thousand of type A...

- A company produces two types of solar panels per year: x thousand of type A and y thousand of type B. The revenue and cost equations, in millions of dollars, for the year are given as follows.
R(x,y)=6x+7y
c(x,y)= x^2-3xy+9y^2+16x-89y-7
determine how many of each of solar panelscshould be produced per year to maximize profits
the company will achive a maximum profit by selling ____ solar pAnels of type A and ____ for type be

maximum profit is $____ million

Homework Answers

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
A company produces two types of solar panels per year: x thousand of type A and...
A company produces two types of solar panels per year: x thousand of type A and y thousand of type B. The revenue and cost equations, in millions of dollars, for the year are given as follows: R(x,y)=6x+4y C(x,y)=x^2-4xy+9y^2+28x-130y-2 Determine how many of each type of solar panel should be produced per year to maximize profit. The company will achieve a maximum profit by selling _ solar panels of type A, and _ solar panels of type B The maximum...
A company produces two types of solar panels per​ year: x thousand of type A and...
A company produces two types of solar panels per​ year: x thousand of type A and y thousand of type B. The revenue and cost​ equations, in millions of​ dollars, for the year are given as follows. R(x,y)=6x+8y C(x,y)= x^2- 3xy+ 6y^2 +15x - 43y - 2 Determine how many of each type of solar panel should be produced per year to maximize profit. Part 1-The company will achieve a maximum profit by selling ____ solar panels of type A...
A company produces two types of solar panels per year: x thousand of type A and...
A company produces two types of solar panels per year: x thousand of type A and y thousand of type B. The revenue and cost equations, in millions of dollars, for the year are given as follows. R(x,y)= 6x + 8y C(x,y)= x^2 - 4xy + 8y^2 + 4x + 4y -6 Determine how many of each type of solar panel should be produced per year to maximize profit. The company will achieve a maximum profit by selling ___ solar...
The profit function for a company producing x thousand items of a certain good (in hundreds...
The profit function for a company producing x thousand items of a certain good (in hundreds of dollars) is given by P(x)= -1000 + 30x2 - x3, where 1 < x < 50. Find the number of items that should be produced in order to maximize the profit. What is the maximum profit?
A company manufactures microchips. Use the revenue function R(x) = x(75-3x) and the cost function C(x)...
A company manufactures microchips. Use the revenue function R(x) = x(75-3x) and the cost function C(x) = 125+14x to answer parts (A) through (D), where x is in millions of chips and R(x) and C(x) are in millions of dollars. Both functions have domain 1≤ x ≤ 20. (D) Find the value of x (to the nearest thousand chips) that produces the maximum profit. Find the maximum profit (to the nearest thousand dollars), and compare it to the maximum revenue....
Company X produces two types of window panes, A and B. It can only produce A...
Company X produces two types of window panes, A and B. It can only produce A at the rate of 6 per day and each requires 6 square feet of glass. It produces B at the rate of 4 per day and each requires 8 square feet of glass. However, Company can only cut 60 square feet of glass per day. It earns a profit of $300 per unit from A and $150 per unit from B. Use the simplex...
A company produces x widgets for a cost of C(x) dollars and sells them for 2280...
A company produces x widgets for a cost of C(x) dollars and sells them for 2280 dollars per widget. If the cost function is C(x)=6450+760x+0.8x2, find the production level that will maximize profit. x = _____widgets Be sure to apply a test to check that you have found the maximum.
Newjet Inc. manufactures two types of printers, an inkjet printer and a laser printer. The company...
Newjet Inc. manufactures two types of printers, an inkjet printer and a laser printer. The company can make a total of 70 printers per day, and it has 120 labor-hours per day available. It takes 1 labor-hour to make an inkjet printer and 3 labor-hours to make a laser printer. The profits are $40 per inkjet printer and $60 per laser printer. (Let x equal the number of ink jet printers. Let y equal the number of laser printers.) (a)...
A company makes two types of magazine racks, metal and plastic. The metal magazine racks sell...
A company makes two types of magazine racks, metal and plastic. The metal magazine racks sell for $68 and the plastic magazine racks for $24. The total cost function is C(x,y)=0.5x^2+0.3y^2−54x−57y+2670 dollars, where x is the number of metal magazine racks and y is the number of plastic magazine racks. How many magazine racks of each type should be produced and sold to maximize the profit?
The Mary Ellen Candy Company produces chocolate Easter bunnies at a cost per unit of 0.40...
The Mary Ellen Candy Company produces chocolate Easter bunnies at a cost per unit of 0.40 + 0.005x dollars, where x is the number produced. If the price on the competitive market for a bunny this size is $10.00, how many should the company produce to maximize its profit?
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT
Active Questions
  • What is a z score? Why are standard scores important? What do they allow researchers/educators to...
    asked 4 minutes ago
  • If a divides b, b > 0 (namely, b = x · a for x ≠...
    asked 7 minutes ago
  • The state education commission wants to estimate the fraction of tenth grade students that have reading...
    asked 12 minutes ago
  • (linux Cmd) Write a program named  “num” that can compute and display the following results i) 1+1....
    asked 20 minutes ago
  • According to projections through the year​ 2030, the population y of the given state in year...
    asked 21 minutes ago
  • You are considering two mutual funds as an investment. The possible returns for the funds are...
    asked 31 minutes ago
  • DROP TABLES IF EXISTS Artists,Genre, Members, Titles, Tracks,SalesPeople,Studios,XrefArtistsMembers; DROP TABLES IF EXISTS Authors,Publishers,Titles,Title_Authors,Royalties; DROP TABLES IF...
    asked 37 minutes ago
  • The following sample data taken from the “Back of the Bike” ice cream company, and. contains...
    asked 1 hour ago
  • research Windows Forms and in your own words, in about one paragraph, describe your understanding of...
    asked 1 hour ago
  • A photon of light produced by a surgical laser has an energy of 3.027 X10-19 J....
    asked 1 hour ago
  • Using Euclidean algorithm, determine gcd(24140, 16762) and gcd(4655, 12075). Show all your steps. If you are...
    asked 1 hour ago
  • Sam and Allen have applied for scholarships. The probability that Sam gets a scholarship is 0.92....
    asked 1 hour ago