Order to maximize the company profit

Assignment Help Mathematics
Reference no: EM131782583

The Explorer Travel bus company has determined that when x tourists are given a particular bus tour, the profit P, in dollars, is given by P(x) = -0.25 x^2 + 21.50x - 90

a) What is the company's profit if 28 tourists are given the tour?

b) How many tourists should be given the tour in order to maximize the company's profit? Show work.

Reference no: EM131782583

Questions Cloud

Discuss show management the benefits that can be gained : the upcoming second quarter in order to show management the benefits that can be gained from an integrated budgeting program
How many years will it take to reach your goal : You expect to earn 12% annually on the account. How many years will it take to reach your goal
How problems regarding group decision making were discussed : How some of the problems regarding group decision making that were discussed in the background readings apply to what you've experienced.
Compute the correlation coefficient for the entire data set : Write a program that estimates whether a given set of five user-input (x, y) pairs (representing data observed by the self-monitoring machine).
Order to maximize the company profit : How many tourists should be given the tour in order to maximize the company's profit? Show work.
Display the minimum correlation coefficient : Design a class Self Diag Chip to represent the self-diagnosing chip ue_ scribed in Programming Project 4. This class should include as data components.
What you found useful and not useful about each given video : What you found useful and not useful about each video, and whether or not you recommend your classmates view the video to prepare for their written assignments.
Wap to determine which variables are linearly correlated : Write a program to determine which variables are linearly correlated with the number of failures per hour. Also check whether any of these variables.
System by the substitution method : 1. Show all work to solve this system by the substitution method:

Reviews

Write a Review

Mathematics Questions & Answers

  Using logarithmic differentiation find y if

Question: Using Logarithmic differentiation, find y if

  Professor gilbert statistics class

The frequency distribution in the following table lists the results of a quiz given in Professor Gilbert's statistics class. Find the mean, median, and mode.

  What is the projected net income

Calculating Projected Net Income. A proposed new investment has projected sales of $825,000. Variable costs are 55 percent of sales, fixed costs are $187,150; depreciation is $91,000. Prepare a pro forma income statement assuming a tax rate of 35 ..

  At this rate, how many yen will the dollar equal in 2015

in 1990, 1 dollar equalled 125 yen. In 2010, 1 dollar equalled 80 yen. At this rate, how many yen will the dollar equal in 2015?

  Find the adjusted monthly payment including piti

The annual insurance premium on Maria Snyder's home is $2,074 and the annual property tax is $1,403. If her monthly principal and interest payment is $1,603.

  How can probability be used to solve a decision problem

How can we quickly determine whether a positive integer is prime, if we are willing to accept a small probability of making an error?

  Find the equilibria algebraically

Find the equilibria algebraically. Apply the Stability Test/Slope Criterion A each of the equilibria you found in (a). What can you conclude?

  There are 93 more stamps with cancellatiom marks than

your stamp collection consists of 145 stamps. each stamp has either a cancellation mark or no cancellation mark. there

  If the complex number z is imagined as a point in the

if the complex number z is imagined as a point in the complex plane then its conjugate z is the point obtained from z

  Find the average speed of the athlete

Find the average speed of the athlete. Round to the nearest tenth if necessary.

  Determine whether r is reflexive and symmetric

Determine whether the statements are true or false. Prove the statements which are true; note that Venn Diagrams are not proofs - Determine whether R is reflexive, symmetric, antisymmetric, or transitive.

  What proportion of packets are underweight

The actual weight of soap powder in a box has a normal distribution with a mean of 33 oz. and a standard deviation of 0.8 oz. What proportion of packets are underweight (i.e., weigh less than 32 oz.)?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd