Question

A particular computing company finds that its weekly jprofit, in dollars, from the production and sale...

A particular computing company finds that its weekly jprofit, in dollars, from the production and sale of x laptop computers in P(x) = -0.007X^3 -0.2X^2+600X-800. Currently the company builds and sells 6 laptops weekly.

a) What is the current weekly profit?

b) How much profit would be lost if production and sales dropped to 5 laptops weekly?

c) What is the marginal profit when X=6 ?

d) Use the answer from part (a) - (c) to estimate the profit from the production and sales of 7 laptops weekly.  

Homework Answers

Answer #1

Now if you have any doubt then leave a comment I'll try to resolve it.

Please give me thumb's up I really need it.

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
Acme finds that its monthly revenue, in dollars, from the sale of x carry-on suitcases is...
Acme finds that its monthly revenue, in dollars, from the sale of x carry-on suitcases is 0.003x3−0.6x2+110x. Currently Acme is selling 21 carry-on suitcases monthly. a) What is the current monthly revenue? Select an answer dollars per year, dollars per day dollars per month, dollars per suitcase b) How much would revenue increase if sales increased from 21 to 23 suitcases? Select an answer dollars per suitcase dollars per year dollars per day dollars per month c) What is the...
The revenue from the sale of x blankets with arms is given by R(x)=28x−0.2x^2 dollars. The...
The revenue from the sale of x blankets with arms is given by R(x)=28x−0.2x^2 dollars. The total cost is given by C(x)=0.1x^2−17x+1690 dollars, where 0≤x≤120. Determine the interval of sales for which the profit is increasing and the interval for which it is decreasing. Express your answer in open intervals.
A company has determined that its weekly total cost and total revenue (in dollars) for a...
A company has determined that its weekly total cost and total revenue (in dollars) for a product can be modeled by C(x) = 4000 + 30x R(x) = 300x -0.001x^2, where x is the number of items produced and sold. If the company can produce a maximum of 100,000 items per week, what production level will maximize profit?
The profit​ (in dollars) from the sale of x lawn mowers is ​P(x)equals=80 x minus 0.08...
The profit​ (in dollars) from the sale of x lawn mowers is ​P(x)equals=80 x minus 0.08 x squared minus 65080x−0.08x2−650. ​(A) Find the average profit per mower if 30 mowers are produced. ​(B) Find the marginal average profit at a production level of 30 mowers, and interpret the results. ​(C) Use the results from parts​ (A) and​ (B) to estimate the average profit per mower if 31 mowers are produced.
A company estimates that the revenue (in dollars) from the sale of x doghouses is given...
A company estimates that the revenue (in dollars) from the sale of x doghouses is given by the function. Approximate the change in revenue if sales go from 90 to 100. R(x) = 12000 ln(0.02x+1)
A vitamin water maker finds that the​ revenue, in​ dollars, from the sale of x bottles...
A vitamin water maker finds that the​ revenue, in​ dollars, from the sale of x bottles of vitamin water is given by Upper R left parenthesis x right parenthesis equals 8.6 x Superscript 0.3 Baseline .R(x)=8.6x0.3. Find the rate at which average revenue is changing when 70 bottles of vitamin water have been produced. Round the answer to four decimal places. A.negative $ 0.1318 divided by bottle−$0.1318/bottle B. minus−$ 0.0044 divided by bottle$0.0044/bottle C.$ 0.1318 divided by bottle$0.1318/bottle D.$ 0.0044...
Ahmadi, Inc. manufactures laptop and desktop computers. In the upcoming production period, Ahmadi needs to decide...
Ahmadi, Inc. manufactures laptop and desktop computers. In the upcoming production period, Ahmadi needs to decide how many of each type of computers should be produced to maximize profit. Each computer goes through two production processes. Process I, involves assembling the circuit boards and process II is the installation of the circuit boards into the casing. Each laptop requires 24 minutes of process I time and 16 minutes of process II time. Each desktop requires 8 minutes of process I...
1. When a commercial bakery employs w full time bakers, the daily costs, in dollars, is...
1. When a commercial bakery employs w full time bakers, the daily costs, in dollars, is given by C(w)= 400w+ 1200√w, where C(w ) is in dollars. In order to produce x loaves of bread each day, they need w(x)= 0.005x+750/x bakers. The bakery currently supplies 500 loaves of bread each day. At what rate is the daily costs changing with respect to the number of loaves of bread they supply? Include units! 2.The number of babies born in a...
True or False 1. A company makes a credit sale for $500. Future collection from the...
True or False 1. A company makes a credit sale for $500. Future collection from the customer is probable. The company will not record revenue from the transaction until it collects cash from the customer. 2. Credit sales involve benefits and costs. A benefit of selling on credit is that the seller makes it more convenient for customers to purchase goods and services. A cost of selling on credit is that there is a delay in collecting cash from customers....
Case Study – Kyle Bits and Bytes Kyle Bits and Bytes, a retailer of computing products...
Case Study – Kyle Bits and Bytes Kyle Bits and Bytes, a retailer of computing products sells a variety of computer-related products. One of Kyle’s most popular products is an HP laser printer. The average weekly demand is 200 units. Lead time (lead time is defined as the amount of time between when the order is placed and when it is delivered) for a new order from the manufacturer to arrive is one week. If the demand for printers were...