Suppose you are running a factory, producing some sort of widget that requires steel as a raw material. Your costs are predominantly human labor, which is $20 per hour for your workers, and the steel itself, which runs for $2,000 per ton. Suppose your revenue R is loosely modelled by the following equation: R(hs) = 100h²/3¹/3 where h represents hour of labor and s represents tons of steel. If your budget is $20,000, what is the maximum possible revenue?

Suppose you are running a factory, producing some sort of widget that requires steel as a raw material. Your costs are predominantly human labor, which is $20 per hour for your workers, and the steel itself, which runs for $2,000 per ton. Suppose your revenue R is loosely modelled by the following equation: R(hs) = 100h²/3¹/3 where h represents hour of labor and s represents tons of steel. If your budget is $20,000, what is the maximum possible revenue?

College Algebra

10th Edition

ISBN:9781337282291

Author:Ron Larson

Publisher:Ron Larson

Chapter3: Polynomial Functions

Section3.5: Mathematical Modeling And Variation

Problem 5ECP

See similar textbooks