Math Problem Statement

The revenue function R(x) and the cost function C(x) for a particular product are given. These functions are valid only for the specified range of values. Find the number of units that must be produced to break even. R(x) = 200x - x², C(x) = 25x + 7150; 0 ≤ x ≤ 100

Solution

To determine the break-even point for a business given the revenue function R(x)R(x) and the cost function C(x)C(x), we need to find the value of xx such that R(x)=C(x)R(x) = C(x).

The given functions are: R(x)=200xx2R(x) = 200x - x^2 C(x)=25x+7150C(x) = 25x + 7150

Setting R(x)R(x) equal to C(x)C(x) gives the equation: 200xx2=25x+7150200x - x^2 = 25x + 7150

Rearranging and simplifying this equation: x2175x+7150=0x^2 - 175x + 7150 = 0

We can solve this quadratic equation using the quadratic formula: x=b±b24ac2ax = \frac{-b \pm \sqrt{b^2 - 4ac}}{2a} where a=1a = 1, b=175b = -175, and c=7150c = 7150.

Let's calculate the values of xx.The solutions for xx are 65 and 110. However, we are given that the functions are valid only for 0x1000 \leq x \leq 100. Thus, the valid break-even point within this range is when the manufacturer produces 65 units.

Would you like more details or have any further questions on this topic?

Here are five related questions you might find interesting:

  1. How would the break-even point change if the selling price per unit increased?
  2. What is the profit when producing at the break-even point?
  3. How does a change in the fixed cost (7150)(7150) affect the break-even point?
  4. Can you explain how to derive the revenue and cost functions from given data?
  5. What is the significance of the discriminant in determining the nature of the roots for the quadratic equation in this context?

Tip: When checking the viability of solutions in a real-world scenario, always consider the constraints given, such as the range of xx values in this case.

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Math Problem Analysis

Mathematical Concepts

Algebra
Revenue and Cost Functions
Quadratic Equations

Formulas

Quadratic formula: ax^2 + bx + c = 0

Theorems

Break-even point
Quadratic formula

Suitable Grade Level

Grades 10-12