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Finding the optimal production levels in our multi-plant production scheme to maximize our profits. Ourfirst plant has the following weekly cost structure: C 1 (Q

Finding the optimal production levels in our multi-plant production scheme to maximize our profits.

Ourfirst plant has the following weekly cost structure: C1(Q1)= 20,000 + 0.5Q12 and oursecond plant has the following weekly cost structure: C2(Q2) = 40,000 + 0.25Q22.

Furthermore, our sales team has informed me that our weekly inverse demand function takes the following form: P(Q) = 500 - 0.5Q.

Give me a recommendation on what weekly production levels should be in each plant along with forecasted profits given production/profits?

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