Why Choose Us?
0% AI Guarantee
Human-written only.
24/7 Support
Anytime, anywhere.
Plagiarism Free
100% Original.
Expert Tutors
Masters & PhDs.
100% Confidential
Your privacy matters.
On-Time Delivery
Never miss a deadline.
1) An electric power plant uses solid waste for fuel in the production of electricity
1) An electric power plant uses solid waste for fuel in the production of electricity. The cost Y in dollars per hour to produce electricity is Y = 12 + 0.4X + 0.18X^2, where X is in megawatts. Revenue in dollars per hour from the sale of electricity is 16X - 0.2X^2. Find the value of X that gives maximum profit. The value of X that gives maximum profit is megawatts. (Round to two decimal places.)
2) An electric power plant uses solid waste for fuel in the production of electricity. The cost Y in dollars per hour to produce electricity is Y = 12+ .3x+.27x2, where x is in megawatts. Revenue in dollars per hour from the sale of electricity is 15x-.2x2. Find the value of X that gives maximum profit.
Expert Solution
Answer:
2) profit= revenue-cost
=15x-.2x2-12- .3x-.27x2
= 14.7x-.47x2-12
for profit to be maximum differenciate
14.7-.94x=0
x=15.64MW
1)
please use this google drive link to download the answer file.
https://drive.google.com/file/d/1AoPUS35l5puduaK0Pzg2uLkkJz92b9oz/view?usp=sharing
note: if you have any trouble in viewing/downloading the answer from the given link, please use this below guide to understand the whole process.
https://helpinhomework.org/blog/how-to-obtain-answer-through-google-drive-link
Archived Solution
You have full access to this solution. To save a copy with all formatting and attachments, use the button below.
For ready-to-submit work, please order a fresh solution below.
