Intermediate Algebra: Connecting Concepts through Application

Published by Brooks Cole
ISBN 10: 0-53449-636-9
ISBN 13: 978-0-53449-636-4

Chapter 4 - Quadratic Functions - 4.7 Graphing Quadratics from Standard Form - 4.7 Exercises - Page 386: 18

Answer

a) $\$148,500$ b) $423$ pairs of sunglasses or $1577$ pairs of sunglasses c) $1000$ pairs of sunglasses

Work Step by Step

Given \begin{equation} R(s)=-1.5 s^2+30 s,\\ a= -1.5, b= 30, c= 0. \end{equation} a) Set $s= 9$ to find the revenue of selling $9$ hundred pairs of sunglasses. \begin{equation} \begin{aligned} R(9) & =-1.5 \cdot9^2+30\cdot 9 \\ & =148.5 \end{aligned} \end{equation} b) Set $R(s)= 100$ to find the values of $s$, which is the number of sunglasses that must be sold to earn a revenue of $\$10,000$ . \begin{equation} \begin{aligned} -1.5 s^2+30 s & =100 \\ \frac{-1.5 s^2+30 s}{-1.5} & =\frac{100}{-1.5}\\ s^2-20 s&=-\frac{1000}{15}=-\frac{200}{3}\\ \left( s^3-20 s+\frac{200}{3}\right)\cdot 3&=0\cdot 3\\ 3s^2-60s+200& = 0 \end{aligned} \end{equation} Solve the equation: $$\begin{aligned} c& =\frac{-(-60) \pm \sqrt{(-60)^2-4 \cdot (3)(200)}}{2\cdot 3} \\ & =\frac{60 \pm \sqrt{1200}}{6 }\\ & = 10\pm 5.77. \end{aligned} $$ $$ \begin{aligned} s& =10-5.77 \\ & =4.23 \\ s & =10+5.77 \\ & =15.77. \end{aligned} $$ The company must sell about $423$ pairs of sunglasses or about $1577$ pairs of sunglasses to have a revenue of $\$10,000$. c) The vertex of the revenue function will give us the maximum revenue that we are looking to maximize. Use $a= -1.5$ and $b= 30$ into the following formula. $$ \begin{aligned} & S=\frac{-b}{2 a}=\frac{-30}{2(-1.5)}=10 \\ & R_{\text {max }}=R(10) \\ &=-1.5(10)^2+30 \cdot(10) \\ &=150. \end{aligned} $$ The vertex is $(10,150)$. This means that they must sell $1000$ pairs of sunglasses to maximize revenue.
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