A company manufactures and sells Q items per month. The monthly profit function is: TP(Q)=Q³-102Q² +4864Q-2964 What is t
Posted: Sat Jul 09, 2022 2:25 pm
company manufactures and sells Q items per month. The monthly profit function is: TP(Q)=Q³-102Q² +4864Q-2964 What is the maximum profit? Use 3-step optimization process: 1. Find the critical values of the function the is to be optimized 2. Use second-derivative condition to eliminate unwanted critical values 3. Find the optimal value of the function. Round to the nearest cent. (2 d.p.) Answer: $
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