Gymnast Clothing manufactures expensive hockey jerseys for sale to college bookstores in runs of up to 300. Its cost (in dollars) for a run of x hockey jerseys is C(x) = 3000 + 10x + 0.2x2 (0 ≤ x ≤ 300) Gymnast Clothing sells the jerseys at $110 each. Find the revenue function. R(x) =
Find the profit function. P(x) =
How many should Gymnast Clothing manufacture to make a profit? HINT [See Example 2.] (Round your answer up to the nearest whole number.)
The number Gymnast Clothing should manufacture to make a profit is given by [tex]-0.2x^2+100x-3000=0 \\ \\ \Rightarrow0.2x^2-100x+3,000=0 \\ \\ \Rightarrow x=468, \ 32[/tex]
Because, Gymnast Clothing manufactures expensive hockey jerseys for sale to college bookstores in runs of up to 300.
The number Gymnast Clothing should manufacture to make a profit is 32.