Question

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 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 + 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...
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...
- 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 $____...
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....
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 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.
The Wellbuilt Company produces two types of wood chippers, economy and deluxe. The deluxe model requires...
The Wellbuilt Company produces two types of wood chippers, economy and deluxe. The deluxe model requires 3 hours to assemble and 1/2 hour to paint, and the economy model requires 2 hours to assemble and 1 hour to paint. The maximum number of assembly hours available is 24 per day, and the maximum number of painting hours available is 8 per day. If the profit on the deluxe model is $94 per unit and the profit on the economy model...
The Wellbuilt Company produces two types of wood chippers, economy and deluxe. The deluxe model requires...
The Wellbuilt Company produces two types of wood chippers, economy and deluxe. The deluxe model requires 3 hours to assemble and 1 2 hour to paint, and the economy model requires 2 hours to assemble and 1 hour to paint. The maximum number of assembly hours available is 24 per day, and the maximum number of painting hours available is 8 per day. If the profit on the deluxe model is $90 per unit and the profit on the economy...
The Wellbuilt Company produces two types of wood chippers, economy and deluxe. The deluxe model requires...
The Wellbuilt Company produces two types of wood chippers, economy and deluxe. The deluxe model requires 3 hours to assemble and 1 2 hour to paint, and the economy model requires 2 hours to assemble and 1 hour to paint. The maximum number of assembly hours available is 24 per day, and the maximum number of painting hours available is 8 per day. If the profit on the deluxe model is $90 per unit and the profit on the economy...
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...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT