Math  /  Word Problems

QuestionFind the reasonable constraint for P(x)=0.74x2+22x+75P(x) = -0.74x^2 + 22x + 75 to keep profits 175\geq \, 175 (in thousands).

Studdy Solution
This inequality represents the constraint on the number of calculators the company needs to produce to keep its profits at or above $175,000\$175,000. The solution to this inequality will give us the range of xx values (number of calculators in thousands) that satisfy this condition.
The solution to this inequality is not straightforward because it is a quadratic inequality. It requires finding the roots of the quadratic equation and then determining the intervals of xx that satisfy the inequality.However, the problem is asking for a reasonable constraint for the model, not the exact solution. Therefore, we can say that a reasonable constraint for the model, based on the given profit function and the desired profit level, is0.74x2+22x1000-0.74 x^{2}+22 x-100 \geq0This means that the company needs to produce a number of calculators (in thousands) that satisfies this inequality in order to keep its profits at or above $175,000\$175,000.

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