Need some help for applied calculus: A company produces product G and product H.

[tyrahanani]

A company produces product G and product H. The fixed cost associated with the production of these two products amounts to RM 7000 per week. It costs RM35 to produce each ton of product G and Rm28 to produce each ton of product H. The management believes that if it sells product G for RM x and product H for RM y per ton, than the weekly demand for the product G will be

166-2x+y

tons and weekly demand for the product H will be

191-3y+2x

tons.

i)express the weekly profit from selling the two products as a function of their prices
ii)The highest point on the graph of the profit fn in part (i) is the maximum proft. at what prices should the company sell the products to maximize the profit?

 

[Deleted member 4993]

A company produces product G and product H. The fixed cost associated with the production of these two products amounts to RM 7000 per week. It costs RM35 to produce each ton of product G and Rm28 to produce each ton of product H. The management believes that if it sells product G for RM x and product H for RM y per ton, than the weekly demand for the product G will be

166-2x+y

tons and weekly demand for the product H will be

191-3y+2x

tons.

i)express the weekly profit from selling the two products as a function of their prices
ii)The highest point on the graph of the profit fn in part (i) is the maximum proft. at what prices should the company sell the products to maximize the profit?

What are your thoughts?

Please share your work with us ...even if you know it is wrong.

If you are stuck at the beginning tell us and we'll start with the definitions.

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[ainsolehah976]

What are your thoughts?[/COLOR][/COLOR]

Please share your work with us ...even if you know it is wrong.

If you are stuck at the beginning tell us and we'll start with the definitions.

You need to read the rules of this forum. Please read the post titled "Read before Posting" at the following URL:

http://www.freemathhelp.com/forum/announcement.php?f=33

That's not homework. its exercise. that question was to hard to understand. can you give another example that related to that question.?