Min and max The daily profit dollars of a company making tab
Min and max
The daily profit dollars of a company making tables is described by the function p(x)= - 5x^2 + 240x - 2635,where x is the number tables that manufactured in 1 day. The maximum profit of the company occurs at the vertex of the parabola. How many tables should be made per day in order to obtain the maximum profit for the company? what is the maximum profit? To obtain the maximum profit for the company.Solution
we know the equation of parabola in vertex form is y=a(x-h)^2+k
writing the given equation in that form we get
y=-5(x-24)^2+245
so the vertex is 24,245
as maximum profit occurs at vertex, the number tables per day is 24.
Maximum profit is=245
