How do I find the critical values to find the maximum of this function?

392 Views Asked by At

The total daily profit in dollars realized by the TKK Corporation in the manufacture and sale of x dozen recordable DVDs is given by the total profit function below. $$P(x) = −0.000001x^3 + 0.001x^2 + 5x − 430$$ $$0 ≤ x ≤ 2000$$ Find the level of production that will yield a maximum daily profit. (Round your answer to the nearest integer.) So for $P'$ I have $P'(x)=-.000003x^2+.002x+5$ And after switching the signs and multiplying by 1,000,000 to turn each decimal into integers I end with $P'(x)=3x^2-2,000x-5,000,000$. And after applying the quadratic formula I got $1666.66666667$ which rounded up is correct and I got the right answer, but I was wondering if there was an easier way without dealing with the huge number I used. Thanks in advance.

1

There are 1 best solutions below

3
On BEST ANSWER

To avoid the large numbers (though I don't know why you want to), you could look at the ratios of the coefficients. They get smaller by a factor of about $100$ for each power of $x$. That suggests that the natural variable is $\frac 1{100}x$. If you rewrite the function in terms of $x=100y$ you get $P(y)=y^3+10y^2+500y-430$ and the numbers will be smaller. When you round, you need to round to $0.01$ This approach can get fooled if the high order term(s) is(are) a small correction.