Question

Randex Manufacturing estimates that its weekly profit, P, in hundreds of dollars, can be approximated by the formula P = –2x2 + 4x + 2 where x is the number of units produced per week, in thousands. a. How many units should the company produce per week to earn the maximum profit? b. Find the maximum weekly profit.

Answer 1

Actually, there is something missing , from what you know , you can only assume very little. To know the maximum profit , you need to know how much/ how many Randex produces per week and then you can assume what the maximum profit is. But for now , assuming that the number of units produced per weeks isn't indicated , your maximum profit can go up without stopping