Answer:
To break even it must be molded 1280 handles weekly.
The profit if 1500 handles are produced and sold is $440
Step-by-step explanation:
To break even, the amount of total cost must be the same as the amount of revenues.
Total Cost is Fixed cost plus unitary variable cost multiplied by the produce quantity.
Total cost= FC + vc*Q
Where
FC=Fixed cost
vc=unitary variable cos
Q=produce quantity
Revenue= Price * Q
Break even FC + vc*Q=Price * Q
Isolating Q
FC=(Price * Q)-(vc*Q)
FC=(Price-vc) * Q
Q= FC/(Price-vc)
Q= $2560/($3.00-$1.00)=1280
If we sold 1500 handles
Profit = Revenue- Total cost =(Price * Q)-(FC + vc*Q)
P=$3.00 *1500-$2560 - $1.00*1500=
P=$4500-$2560-$1500=440
The equation to represent the area of the triangle would be:
y = 1/2(x²) - (7/2)x
The equation to represent the perimeter of the triangle would be:
y = 3x - 6
The solutions to the system would be (12, 30) or (1, -3). The only viable solution is (12, 30).
Explanation
The area of a triangle is found using the formula
A = 1/2bh
For our triangle, b = x and h = x-7, so we have:
A = 1/2(x)(x-7)
A = 1/2(x²-7x)
A = 1/2(x²) - (7/2)x
We will replace A with y, so we have:
y = 1/2(x²) - (7/2)x
The perimeter of a triangle is found by adding together all sides, so we have:
P = (x-7) + x + (x+1)
Combining like terms we get:
P = 3x - 6
We will replace P with y, so we have:
y = 3x - 6
Since both equations have y isolated on one side, it will be easy to use substitution to solve the system:
3x - 6 = 1/2(x²) - (7/2)x
It's easier to work with whole numbers, so we will multiply everything by 2:
6x - 12 = x² - 7x
We want all of the variables on one side, so we will subtract 6x:
6x - 12 - 6x = x² - 7x - 6x
-12 = x² - 13x
When solving quadratics, we want the equation equal to 0, so we will add 12:
-12+12 = x² - 13x + 12
0 = x² - 13x + 12
This is easy to factor, as there are factors of 12 that sum to -13; -12(-1) = 12 and -12+-1 = -13:
0 = (x-12)(x-1)
Using the zero product property, we know that either x-12=0 or x-1=0; therefore x=12 or x=1.
Putting these back into our equation for perimeter (the simplest one) we have:
y = 3(12)-6 = 36-6 = 30; (12, 30);
y = 3(1) - 6 = 3 - 6 = -3; (1, -3)
We cannot have a negative perimeter, so the only viable solution is (12, 30).
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