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$1.00 Group Project 4

• From Mathematics: General-Mathematics
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• Due on Jun. 29, 2012
• Asked on Jun 28, 2012 at 2:16:48PM

Asked by :

maillouxmel
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Q:

Annual profit in thousands of dollars is given by the function, P(x) = 5000 - (1000/(x-1)), where x is the number of items sold in thousands, x > 1. 

1. describe the meaning of the number 5000 in the formula
2. describe the meaning of the number 1 in the formula
3. find the profit for 5 different values of x
4. graph the profit function over its given domain; use the 5 values calculated in part 3 to construct the graph and connect these points with a smooth curve in Excel or another graphing utility. Insert the graph in a Word file and attach the graph in a Word file to the class DB thread.
5. will this profit function have a maximum, if so, what is it?
6. what steps should the company take to prepare for your answer to part 5?
7. Post your final draft as a response to this post; use the small group area for collaboration

 

   
   
   
   

 

$5.00

group project four- profit function

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• Posted on Jun 28, 2012 at 4:07:35PM

Posted by :

Williamtook
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A:

Preview: ... ached wor ...

The full tutorial is about 8 words long plus attachments.

Attachments:
profit function.doc (53K) (Preview)
profit fuction.xls (23K)

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