An electric power plant uses solid waste for fuel in the production of electricity. The cost Yin

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An electric power plant uses solid waste for fuel in the production of electricity. The cost Yin dollars per hour to produce electricity is Y = 12 + 0.3 X + 0.27 X2, where X is in megawatts. Revenue in dollars per hour from the sale of electricity is 15 X − 0.2 X2. Find the value of X that gives maximum profit.

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Engineering Economy

ISBN: 978-0133439274

16th edition

Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

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