An electric power plant uses solid waste for fuel in the production of electricity. The cost Yin
Question:
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.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Engineering Economy
ISBN: 978-0133439274
16th edition
Authors: William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Question Posted: