Determining maximum value of functions

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Reference no: EM13123139

A jewelry floor safe with a square base is to be made so as to have a total volume of 648 cubic inches. The side material for the safe costs $1 per square inch. The material for the top costs $4 per square inch while the material for the bottom costs $2 per square inch. What, in inches, would be the height of the most economical box which could be made given these conditions?

  • 12 inches
  • 15 inches
  • 18 inches
  • 21 inches
  • 24 inches
  • 27 inches
  • none of these

A hotel manager has 200 rooms available for rent each night. Experience shows that if she charges $40 per night, she will have full occupancy, but that for each $5 that she increases the price, 4 rooms become vacant. All other factors being equal, what will her maximum revenue be?

  • $16,820
  • $13,520
  • $8820
  • $12,000
  • $11,520
  • $18,000
  • none of these

Reference no: EM13123139

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