A manufacturer incurs production cost and transportation cost for manufacturing articles. The production cost, in dollars, for manufacturing n articles is given by the function f(n)=2n2−100n while transportation cost, in dollars, is given by the function g(n)=−n2−100n+20000. If the manufacturer sells each article for $100, which of the following represents the condition, in terms of n, for the manufacturer to make a profit?(A) n>100(B) n>200(C) 101≤n≤199(D) 100
Q. A manufacturer incurs production cost and transportation cost for manufacturing articles. The production cost, in dollars, for manufacturing n articles is given by the function f(n)=2n2−100n while transportation cost, in dollars, is given by the function g(n)=−n2−100n+20000. If the manufacturer sells each article for $100, which of the following represents the condition, in terms of n, for the manufacturer to make a profit?(A) n>100(B) n>200(C) 101≤n≤199(D) 100
Determine Total Cost Function: Determine the total cost function by adding the production cost and transportation cost functions.Production cost function: f(n)=2n2−100nTransportation cost function: g(n)=−n2−100n+20000Total cost function: h(n)=f(n)+g(n)h(n)=(2n2−100n)+(−n2−100n+20000)h(n)=n2−200n+20000
Determine Revenue Function: Determine the revenue function for selling n articles.Revenue function: R(n)=100n
Set Profit Inequality: Set up the inequality to find when the manufacturer makes a profit.Profit occurs when revenue is greater than total cost.R(n) > h(n)100n > n^2 - 200n + 20000
Rearrange Inequality: Rearrange the inequality to find the values of n for which the manufacturer makes a profit.0 > n^2 - 300n + 20000We need to solve for n in the quadratic inequality n^2 - 300n + 20000 < 0.
Factor or Use Formula: Factor the quadratic inequality if possible or use the quadratic formula to find the roots.The quadratic factors as (n - 100)(n - 200) < 0.
Determine True Intervals: Determine the intervals where the inequality holds true.The inequality (n - 100)(n - 200) < 0 is true when n is between the roots 100 and 200.So, the manufacturer makes a profit when n is greater than 100 and less than 200.
Choose Correct Answer: Choose the correct answer from the given options that matches the interval found in Step 6.The correct answer is D, which states that the manufacturer makes a profit when 100 < n \leq 200.
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