Break-even analysis. Use the revenue function from Problem 70 and the given cost function: R x = x 2 , 000 − 60 x Revenue function C x = 4 , 000 + 500 x C o s t function where x is millions of computers, and C x and R x are in thousands of dollars. Both functions have domain 1 ≤ x ≤ 25 . (A) Sketch a graph of both functions in the same rectangular coordinate system . (B) Find the break-even points. (C) For what values of x will a loss occur? A profit?
Break-even analysis. Use the revenue function from Problem 70 and the given cost function: R x = x 2 , 000 − 60 x Revenue function C x = 4 , 000 + 500 x C o s t function where x is millions of computers, and C x and R x are in thousands of dollars. Both functions have domain 1 ≤ x ≤ 25 . (A) Sketch a graph of both functions in the same rectangular coordinate system . (B) Find the break-even points. (C) For what values of x will a loss occur? A profit?
Break-even analysis. Use the revenue function from Problem
70
and the given cost function:
R
x
=
x
2
,
000
−
60
x
Revenue function
C
x
=
4
,
000
+
500
x
C
o
s
t
function
where
x
is millions of computers, and
C
x
and
R
x
are in thousands of dollars. Both functions have domain
1
≤
x
≤
25
.
(A) Sketch a graph of both functions in the same rectangular coordinate system.
(B) Find the break-even points.
(C) For what values of
x
will a loss occur? A profit?
System that uses coordinates to uniquely determine the position of points. The most common coordinate system is the Cartesian system, where points are given by distance along a horizontal x-axis and vertical y-axis from the origin. A polar coordinate system locates a point by its direction relative to a reference direction and its distance from a given point. In three dimensions, it leads to cylindrical and spherical coordinates.
Mathematics for Elementary Teachers with Activities (5th Edition)
Knowledge Booster
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, subject and related others by exploring similar questions and additional content below.
Solve ANY Optimization Problem in 5 Steps w/ Examples. What are they and How do you solve them?; Author: Ace Tutors;https://www.youtube.com/watch?v=BfOSKc_sncg;License: Standard YouTube License, CC-BY
Types of solution in LPP|Basic|Multiple solution|Unbounded|Infeasible|GTU|Special case of LP problem; Author: Mechanical Engineering Management;https://www.youtube.com/watch?v=F-D2WICq8Sk;License: Standard YouTube License, CC-BY