Photo AI

A company makes and sells fibre optic cable - Leaving Cert Mathematics - Question 8 - 2017

Question icon

Question 8

A-company-makes-and-sells-fibre-optic-cable-Leaving Cert Mathematics-Question 8-2017.png

A company makes and sells fibre optic cable. It can sell, at most, 200 kilometres of cable in a week. For a certain range of its production the company has found tha... show full transcript

Worked Solution & Example Answer:A company makes and sells fibre optic cable - Leaving Cert Mathematics - Question 8 - 2017

Step 1

Use the profit function, P(x), to find how much money the company loses if it does not sell any cable.

96%

114 rated

Answer

To find the profit when no cable is sold, substitute x=0x = 0 into the profit function:

P(0)=275(0)(0)22000=2000P(0) = 275(0) - (0)^2 - 2000 = -2000

Thus, the company loses €2000 if it does not sell any cable.

Step 2

In a particular week the company made a profit of €8350. Find the number of kilometres of cable it sold that week.

99%

104 rated

Answer

Set the profit function equal to €8350:

275xx22000=8350275x - x^2 - 2000 = 8350

Rearranging gives:

x2+275x10350=0-x^2 + 275x - 10350 = 0

Using the quadratic formula, we can calculate:

x=b±b24ac2ax = \frac{-b \pm \sqrt{b^2 - 4ac}}{2a}

where a=1a = -1, b=275b = 275, and c=10350c = -10350. Calculating the discriminant:

b24ac=27524(1)(10350)=7562541400=34225b^2 - 4ac = 275^2 - 4(-1)(-10350) = 75625 - 41400 = 34225

Continuing with the quadratic formula:

x=275±342252(1)x = \frac{-275 \pm \sqrt{34225}}{2(-1)} 34225=185\sqrt{34225} = 185

Thus, the roots are:

x=275±1852x = \frac{275 \pm 185}{2}

Calculating, we find:

x=4602=230(not possible, as production limit is 200)x = \frac{460}{2} = 230 \quad \text{(not possible, as production limit is 200)} x=902=45x = \frac{90}{2} = 45

Therefore, the company sold 45 km of cable.

Step 3

Use the profit function, P(x), to complete the table.

96%

101 rated

Answer

Using the function:

  • For x=50x = 50: P(50)=275(50)5022000=9250P(50) = 275(50) - 50^2 - 2000 = 9250

  • For x=60x = 60: P(60)=275(60)6022000=10900P(60) = 275(60) - 60^2 - 2000 = 10900

  • For x=70x = 70: P(70)=275(70)7022000=12600P(70) = 275(70) - 70^2 - 2000 = 12600

  • For x=80x = 80: P(80)=275(80)8022000=14300P(80) = 275(80) - 80^2 - 2000 = 14300

  • For x=90x = 90: P(90)=275(90)9022000=16100P(90) = 275(90) - 90^2 - 2000 = 16100

  • For x=100x = 100: P(100)=275(100)10022000=17900P(100) = 275(100) - 100^2 - 2000 = 17900

The completed table is:

Number of km of cable sold (x)Profit (€)
509250
6010900
7012600
8014300
9016100
10017900

Step 4

Use your graph to estimate the lower and upper range of sales (in km of cable) in order to make a profit of €10,000 and €14,000 in a particular week.

98%

120 rated

Answer

From the graph, you would locate the points where the profit intersects with €10,000 and €14,000.

  • For €10,000, the lower range (approx.) is at x=55x = 55 km and the upper range at x=83x = 83 km.

  • For €14,000, the ranges can be roughly estimated via similar graph observations and would be around x=70x = 70 km to x=90x = 90 km.

Step 5

Use calculus to find the number of kilometres of cable sold when the profit is increasing at a rate of €105 per km.

97%

117 rated

Answer

First, differentiate the profit function:

dPdx=2752x\frac{dP}{dx} = 275 - 2x

Set this equal to €105 (the rate of increase in profit):

2752x=105275 - 2x = 105

Solving for xx gives:

2x=2751052x=170x=852x = 275 - 105 \\ 2x = 170 \\ x = 85

Thus, the number of kilometres of cable sold when the profit is increasing at €105 per km is 85 km.

Join the Leaving Cert students using SimpleStudy...

97% of Students

Report Improved Results

98% of Students

Recommend to friends

100,000+

Students Supported

1 Million+

Questions answered

;