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)=5x+7y C(x,y)=x2−4xy+8y2+3x+3y−9 Determine how many of each type of solar panel should be produced per year to maximize profit.
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)=5x+7y C(x,y)=x2−4xy+8y2+3x+3y−9 Determine how many of each type of solar panel should be produced per year to maximize profit.
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter1: Equations And Graphs
Section1.3: Lines
Problem 92E
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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)=5x+7y
C(x,y)=x2−4xy+8y2+3x+3y−9
Determine how many of each type of solar panel should be produced per year to maximize profit.
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