A manufacturer of chemical glassware needs to purchase a certain amount of raw material. The profit, p, in dollars expected from purchasing t tons of raw material, where t is positive, is:p=50,000(2t−1)(t−5)What is the smallest amount of raw material in tons that the manufacturer can purchase to break even with a profit of 0 dollars?
Q. A manufacturer of chemical glassware needs to purchase a certain amount of raw material. The profit, p, in dollars expected from purchasing t tons of raw material, where t is positive, is:p=50,000(2t−1)(t−5)What is the smallest amount of raw material in tons that the manufacturer can purchase to break even with a profit of 0 dollars?
Set Profit Equation: To find the smallest amount of raw material in tons that the manufacturer can purchase to break even, we need to set the profit equation p equal to 0 and solve for t. p=50,000(2t−1)(t−5) 0=50,000(2t−1)(t−5)
Divide by 50,000: Since the profit p is multiplied by 50,000, we can divide both sides of the equation by 50,000 to simplify the equation without affecting the value of t.0=(2t−1)(t−5)
Solve Quadratic Equation: Now we have a quadratic equation in factored form. To find the values of t that make the profit zero, we set each factor equal to zero and solve for t.First, set the first factor equal to zero:2t−1=0
First Factor Zero: Solve for t by adding 1 to both sides and then dividing by 2:2t=1t=21
Second Factor Zero: Now, set the second factor equal to zero:t−5=0
Valid Solutions: Solve for t by adding 5 to both sides:t=5
Compare Values: We have found two values of t, 21 and 5. Since t represents the tons of raw material and must be positive, both are valid solutions. However, we are looking for the smallest amount of raw material to break even.
Smallest Amount: Comparing the two values, 21 ton and 5 tons, we see that 21 ton is the smaller amount. Therefore, the smallest amount of raw material the manufacturer can purchase to break even is 21 ton.
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