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Akimi4 [234]
3 years ago
9

A company manufactures its product at a cost of $0.50 per item and sells it for $0.85 per item daily overhead is $600 how many i

tems must be manufactured each day in order for the company to break even
Mathematics
1 answer:
Nataly_w [17]3 years ago
4 0

so the company has an overhead of $600, usually that involves premises leasing and industrial equipment for the manufacturing of the product, that's cost.  The cost to make each item is 50 cents, so if the company produces "x" items, their cost is 0.5x total.

so our cost equation C(x) = 0.5x + 600   <---- items' cost plus overhead.

the company sells the product for 85 cents, so if they sell "x" items, their total revenue or income will be 0.85x.

so our revenue equation is simply R(x) = 0.85x.

as you already know, the break-even point is when.... well, you break even, no losses but no gains either, how much you take in is the same amount that you shelled out, namely R(x) = C(x).

\bf \stackrel{R(x)}{0.85x}=\stackrel{C(x)}{0.5x+600}\implies 0.35x=600\implies x=\cfrac{600}{0.35} \\\\\\ x\approx 1714.285714285714\implies \stackrel{\textit{rounded up}}{x=1714}

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First check the characteristic solution: the characteristic equation for this DE is

<em>r</em> ² - 3<em>r</em> + 2 = (<em>r</em> - 2) (<em>r</em> - 1) = 0

with roots <em>r</em> = 2 and <em>r</em> = 1, so the characteristic solution is

<em>y</em> (char.) = <em>C₁</em> exp(2<em>x</em>) + <em>C₂</em> exp(<em>x</em>)

For the <em>ansatz</em> particular solution, we might first try

<em>y</em> (part.) = (<em>ax</em> + <em>b</em>) + (<em>cx</em> + <em>d</em>) exp(<em>x</em>) + <em>e</em> exp(3<em>x</em>)

where <em>ax</em> + <em>b</em> corresponds to the 2<em>x</em> term on the right side, (<em>cx</em> + <em>d</em>) exp(<em>x</em>) corresponds to (1 + 2<em>x</em>) exp(<em>x</em>), and <em>e</em> exp(3<em>x</em>) corresponds to 4 exp(3<em>x</em>).

However, exp(<em>x</em>) is already accounted for in the characteristic solution, we multiply the second group by <em>x</em> :

<em>y</em> (part.) = (<em>ax</em> + <em>b</em>) + (<em>cx</em> ² + <em>dx</em>) exp(<em>x</em>) + <em>e</em> exp(3<em>x</em>)

Now take the derivatives of <em>y</em> (part.), substitute them into the DE, and solve for the coefficients.

<em>y'</em> (part.) = <em>a</em> + (2<em>cx</em> + <em>d</em>) exp(<em>x</em>) + (<em>cx</em> ² + <em>dx</em>) exp(<em>x</em>) + 3<em>e</em> exp(3<em>x</em>)

… = <em>a</em> + (<em>cx</em> ² + (2<em>c</em> + <em>d</em>)<em>x</em> + <em>d</em>) exp(<em>x</em>) + 3<em>e</em> exp(3<em>x</em>)

<em>y''</em> (part.) = (2<em>cx</em> + 2<em>c</em> + <em>d</em>) exp(<em>x</em>) + (<em>cx</em> ² + (2<em>c</em> + <em>d</em>)<em>x</em> + <em>d</em>) exp(<em>x</em>) + 9<em>e</em> exp(3<em>x</em>)

… = (<em>cx</em> ² + (4<em>c</em> + <em>d</em>)<em>x</em> + 2<em>c</em> + 2<em>d</em>) exp(<em>x</em>) + 9<em>e</em> exp(3<em>x</em>)

Substituting every relevant expression and simplifying reduces the equation to

(<em>cx</em> ² + (4<em>c</em> + <em>d</em>)<em>x</em> + 2<em>c</em> + 2<em>d</em>) exp(<em>x</em>) + 9<em>e</em> exp(3<em>x</em>)

… - 3 [<em>a</em> + (<em>cx</em> ² + (2<em>c</em> + <em>d</em>)<em>x</em> + <em>d</em>) exp(<em>x</em>) + 3<em>e</em> exp(3<em>x</em>)]

… +2 [(<em>ax</em> + <em>b</em>) + (<em>cx</em> ² + <em>dx</em>) exp(<em>x</em>) + <em>e</em> exp(3<em>x</em>)]

= 2<em>x</em> + (1 + 2<em>x</em>) exp(<em>x</em>) + 4 exp(3<em>x</em>)

… … …

2<em>ax</em> - 3<em>a</em> + 2<em>b</em> + (-2<em>cx</em> + 2<em>c</em> - <em>d</em>) exp(<em>x</em>) + 2<em>e</em> exp(3<em>x</em>)

= 2<em>x</em> + (1 + 2<em>x</em>) exp(<em>x</em>) + 4 exp(3<em>x</em>)

Then, equating coefficients of corresponding terms on both sides, we have the system of equations,

<em>x</em> : 2<em>a</em> = 2

1 : -3<em>a</em> + 2<em>b</em> = 0

exp(<em>x</em>) : 2<em>c</em> - <em>d</em> = 1

<em>x</em> exp(<em>x</em>) : -2<em>c</em> = 2

exp(3<em>x</em>) : 2<em>e</em> = 4

Solving the system gives

<em>a</em> = 1, <em>b</em> = 3/2, <em>c</em> = -1, <em>d</em> = -3, <em>e</em> = 2

Then the general solution to the DE is

<em>y(x)</em> = <em>C₁</em> exp(2<em>x</em>) + <em>C₂</em> exp(<em>x</em>) + <em>x</em> + 3/2 - (<em>x</em> ² + 3<em>x</em>) exp(<em>x</em>) + 2 exp(3<em>x</em>)

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